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Corporate Sustainability Reporting Budgets And Priorities

Date: 02 January 2013

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10 pages, 11 figures

Executive Summary

Sustainability reporting is an important pillar of corporate sustainability programmes and firms seek to communicate progress and meet stakeholders’ demands for sustainability disclosure. This report helps executives in sustainability, marketing and communications roles and firms selling into these functions, to understand where responsibility and budgets lie for corporate sustainability reporting activities. Verdantix spoke to 250 sustainability leaders in 13 countries across 21 industries. This report delves into responsibility, budgets and priorities with regard to corporate sustainability reporting and segments data by industry and region. Verdantix analysis finds that the head of sustainability and other functions share responsibility and budgetary control for reporting. There will be little or no budget growth for sustainability reporting in the next financial year.

TABLE OF CONTENTS

CORPORATE SUSTAINABILITY REPORTING BUDGETS AND PRIORITIES
Improving Sustainability Reporting Is A Priority For Sustainability Executives
Governance Of Sustainability Reporting Is Not Confined To The Sustainability Function
Budgets For Sustainability Reporting Will Stay Flat Or See Single Digit Growth In The Next Year

TABLE OF FIGURES

Figure 1. Geographic Groupings
Figure 2.
Industry Groupings
Figure 3. Importance Of Improving Corporate Sustainability Reporting
Figure 4. Importance Of Sustainability Reporting By Industry
Figure 5. Importance Of Sustainability Reporting By Region
Figure 6. Sustainability Executives’ Reporting Responsibilities
Figure 7. Sustainability Executives’ Decision-Making Authority
Figure 8. Sustainability Executives’ Budgetary Control For Reporting Initiatives
Figure 9. Sustainability Reporting Budget Change
Figure 10. Sustainability Reporting Budget Change By Industry Group
Figure 11. Sustainability Reporting Budget Change By Region

ORGANIZATIONS MENTIONED

Anheuser-Busch, Carbon Disclosure Project, Global Reporting Initiative, International Integrated Reporting Council, Mars, P&G, Reckitt Benckiser, Rio Tinto, Sainsbury’s, Unilever