KPMG recently released the latest results of an ongoing survey that tracks the worldwide trends of corporate sustainability reporting. The results of the survey reveal that the number of companies generating sustainability reports is continuing to grow, particularly in the Asia Pacific region. However, despite growth in the number of companies producing reports, the survey found that there is serious weakness in the overall quality and depth of many of these reports.
According to the survey, 93% of the largest 250 companies in the world (by revenue) now produce sustainability reports. In the U.S., 86% of the largest 250 companies do so. While the proportion of U.S. companies has remained relatively stable for several years, the Asia Pacific region has seen a massive increase. In 2011 only 49% of companies in the region produced sustainability reports. That percentage is now up to 71%.