New Report From the Global Exchange Offers Expansive Look at How Companies Are Measuring and Reporting on Their ESG Investments
Chief Executives for Corporate Purpose© (CECP), in collaboration with its Global Exchange (GX) Country Partners, has released the inaugural Global Impact at Scale: 2020 Edition report in 18 countries around the world. The report marks a new dawn for advocates and practitioners of Environmental, Social, and Corporate Governance (ESG). Informed by data collected for the year 2019, Global Impact at Scale: 2020 Edition provides insights into how companies integrate ESG in their internal strategies and how they strive to have even more positive impact beyond their physical offices and boardrooms as well. The detailed, cross-country data presented here offers a one-of-a-kind opportunity to compare and contrast how companies headquartered around the world are measuring and reporting on their ESG endeavors and investments. Here is what we found:
Importance of SDGs and Partnerships
The report underscores the growing influence that the United Nations’ 17 Sustainable Development Goals (SDGs) and private sector partnerships are having on companies’ societal strategies. The findings demonstrate that 81% of companies are acting on the SDGs, including using them frequently as a framework for reporting and/or integrating them into company strategy. The data also attest to the increasing value of private-sector partnerships as a strategy for advancing social investment work within companies. 59% of companies consider private-sector partnerships sufficiently important to be included in reporting to their CEO/senior executives. Private-sector partnerships are a vehicle that translates into a unique collaboration exercise that can bring together a broader set of skills, talents, and experience as well as innovative and creative ways to solve societal problems.
Read the complete blog on CECP's Insights Blog: https://cecp.me/3qx5V08