Big shifts, small steps

Over the past three decades, sustainability reporting has been largely dominated by voluntary efforts. Today, the reporting landscape is undergoing a transformation, driven by the emergence of sustainability and climate-related disclosure requirements from a wide range of stakeholders including regulators, capital providers and customers. The findings in KPMG’s 2022 Survey of Sustainability Reporting reflect on the current state of Environmental, Social and Governance (ESG) reporting and overarching business strategies that can enable companies to meet increasing disclosure expectations.

First published in 1993, this 2022 survey marks the twelfth edition and is our most extensive survey analysis to date. The survey examines sustainability reporting trends around the world to offer meaningful insights about disclosure practices for business leaders, sustainability professionals, and company boards. The 2022 survey includes a number of new topics, including the use of materiality assessments, reporting on social risks, and reporting on governance risks.

Complementing our global findings, KPMG in Canada has provided a deep dive into the sustainability and ESG disclosure practices of the largest 200 Canadian companies (and their international parents, where relevant). The research examines whether these companies publicly disclose their management practices and/or performance information relating to a wide range of topics and takes a closer look at three interrelated themes in greater detail:

• Biodiversity and nature-based solutions
• Indigenous reconciliation
• Respect for human rights
  

Based on Canadian N100 insights from KPMG's Global Survey of Sustainability Reporting 2022

The variety of life on earth, including animals, plants and other living organisms and ecosystems in which they live.

The stock of the earth's renewable and non-renewable resources, including trees, soils, air, water, and all living things.