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桃園2024年12月4日 /美通社/ -- 桃園市長張善政今（4）日於市政會議上頒獎表揚桃園青年事務局輔導的4家青創團隊，恭喜他們歷時近2年參加由數位發展部主辦的《公益創新・徵案100》競賽，並從全國近千件提案中脫穎而出，榮獲「具創新通傳價值獎」，每組團隊均獲得200萬元獎金，共計斬獲800萬元。 圖為桃園市長張善政頒發獎牌給4組獲獎的新創團隊 《公益創新・徵案100》為數位發展部於2022年底主辦，旨在鼓勵企業以創新方案解決聯合國17項永續發展目標（SDGs）中的挑戰。這次競賽中，桃園的4組青創團隊以其創新科技及想法，在節能減碳及教育永續領域所提出的解決方案，經過4階段激烈競爭最終獲得本次競賽「具創新通傳價值獎」殊榮。獲獎團隊為： 櫛構科技股份有限公司：專注於碳數據 AI 分析平台，提供車輛減碳行為與低碳路線的解決方案。 籽樂教育股份有限公司：打造偏鄉特教親師個案管理平台，架設親師溝通橋樑，為偏鄉弱勢家庭提供專業資源。 水力凈綠能科技股份有限公司：推出節能數位方案，利用水分子解鏈技術提升冷卻效率，防止水垢生成。 宇宙製造股份有限公司：研發 AI 虛擬夥伴，作為特教學習工具，幫助更多孩子透過數位科技應用獲得教育支持。 桃園青年事務局局長侯佳齡表示，這次參與競賽的新創團隊都付出了相當大的努力，自去（112）年1月參賽，歷經初賽、服務驗證、營運驗證，最後到永續營運階段，一路走來近2年時間，桃園團隊無論是永續創業團隊還是社會企業團隊，都有優異表現，特別感謝所有團隊的用心以及市府團隊的全力支持。本次獲獎的水力凈綠能科技股份有限公司負責人表示，該公司的專利水分子解鏈技術，可抑制冷卻水塔生成水垢，提升大型冷卻水塔的效能達到節能減碳效果。團隊進駐桃園青創基地後，從不被看好的新型技術，到成立公司、取得發明專利及獲得各項創業獎項認可，一路走來非常感謝桃園青年局的協助。 桃園青年局積極推動青年創業輔導，為支持創業青年，青年局「青創指揮部」創業基地除了每年2次招募進駐團隊，目前也針對有意創業青年進行種子團隊招募，協助更多新創團隊實現夢想，歡迎有志參與的青年團隊洽詢專線(03)422-9796或前往「桃園青創事」粉絲專頁了解詳情。（此為桃園青年事務局廣告）
明志科大為推廣聯合國永續發展目標（SDGs）， 11月23日來到新竹湖口舉辦了結合環境教育與文化探索活動，並推動淨零綠色生活與傳統文化保存，與木酢達人、湖口老街攜手合作，以循環經濟和文化傳承為主題，倡導廢棄木材資源再利用與老街文化保存的雙重價值，賦予了地方創生與創新實踐的新生命。 木酢達人致力於回收路樹修枝與碳循環利用，成功逆轉修枝直接進入焚化爐增加碳排放的命運。將收回的修枝透過碳化技術，製成木炭、木酢液及炭周邊產品，打造一條永續的循環經濟鏈。這些炭周邊產品不僅提升了炭的藝術性及功能性，也同時降低了再次燃燒的機會，達到有效固碳減少碳排放。活動中不僅有木酢達人的碳循環經濟教育講座，透過手作生態炭瓶、炭除濕包體驗，參與者藉由親手製作，加深對循環經濟的理解。午餐特別選用不銹鋼餐盒及當地小農食材製作永續餐盒，實踐零廢棄飲食理念，同時支持地方農業發展。 湖口老街作為民初的文化地標之一，其文化中心的三元宮保存了傳統建築技法與歷史記憶，展現地方文化的深厚底蘊。在永續發展教育活動中，參與者透過老街導覽深入了解湖口的歷史價值與百年的文化工藝，並體會到文化保存的迫切性與重要性。 此次永續發展推廣活動緊扣聯合國永續發展目標SDG 11永續城鄉與SDG 12責任消費與生產，不僅讓參與者重新審視自身生活方式，更推廣友善環境的行為，為地方的綠色發展與文化傳承注入新動力。未來，將持續透過大學社會責任影響力，讓循環經濟與文化永續的理念深植社區，落實地方永續發展的實現。
The UNGC ESG 20 Report highlights Trip.com Group's role in advancing sustainable travel, with its 'Country Retreats' project as a model The Group's commitment to sustainability extends across its offerings, from lower-carbon transportation options to accommodation SINGAPORE, Dec. 2, 2024 /PRNewswire/ -- Trip.com Group has taken significant strides in promoting sustainable travel through its innovative and responsible initiatives. Recently, the United Nations Global Compact (UNGC) featured the company's 'Country Retreats' project in its latest ESG 20 Report. The initiative highlighted the alignment of Trip.com Group to UNGC's sustainability principles, showcasing a positive correlation between Trip.com Group's 'Local Focus, Global Vision' strategy and its commitment to sustainable travel practices. Trip.com Group's Country Retreats – A Model for Sustainable Tourism Trip.com Group's 'Country Retreats' project, launched in 2021, is an initiative that aims to create a model of villages and homestays for rural revitalisation. It has created enormous employment and economic benefits for local regions, such as creating jobs and supporting local industries across the value chain. Trip.com Group’s flagship Country Retreat in Jinzhai, Anhui province To date, thirty-two such retreats are now operational, resulting in a 122% surge in local B&B revenue. Additionally, locals employed by these retreats have gained an average annual income boost of over USD 5,500. The retreats have also achieved a 30.8% annual reduction in carbon emissions—equating to 80,000 kilograms—by incorporating energy-saving transformations, such as utilising a wastewater recycling system and installing photovoltaic panels. This approach aligns with the UNGC Principles in committing to responsible business practices. It also contributes to many of the UN Sustainable Development Goals (SDGs), such as ending poverty (SDG1), fostering affordable and clean energy (SDG7), promoting decent work and economic growth (SDG 8), building sustainable cities and communities (SDG11) and so on. The initiative exemplifies the Group's 'Local Focus, Global Vision' strategy, which combines local expertise with global operations, allowing the company to meet customer needs through local initiatives, while maintaining a clear, global perspective for sustainable growth and partnerships. Travellers Increasingly Prioritise Local Communities in Sustainable Travel The success of the 'Country Retreats' comes amid travellers' increasing appetite for trips that prioritise local economies, preserve cultural authenticity and enhance environmental protection. This observation is reflected in Trip.com Group's latest Sustainable Travel Consumer Report. Among the most-cited motivations for practising sustainable travel, environmental protection ranked first (47.3%), followed by cultural heritage preservation (38.2%), positive economic impact (32.5%) and societal factors (24.7%). This highlights a broader trend where travellers not only aim to reduce their environmental footprint but also actively seek to benefit the communities they visit, ensuring that tourism's positive effects are felt locally. Trip.com Group’s sustainability report reveals that while awareness is rising among travellers, a gap remains between awareness and action The report also indicates travellers' growing desire to actively practise sustainable travel, with 54.7% surveyed looking for more sustainable options when booking online. Staying in eco-friendly accommodations was also the second most favoured form of practising sustainability. Moreover, 32.5% of respondents believe that sustainable travel involves supporting local businesses and communities, underscoring a growing awareness of tourism's economic impact. Holistic View of Sustainability Over the years, Trip.com Group has actively integrated sustainability into its operations and offerings, from flights and accommodations to car rentals and corporate travel services. It joined the Science Based Target initiative (SBTi) and is working towards carbon neutrality by 2050. The Group also plans to introduce over 10,000 lower-carbon travel products, encouraging over 100 million travellers to adopt sustainable choices. Recently, the Group expanded its sustainability efforts in accommodations through a strategic partnership with the Global Sustainable Tourism Council (GSTC), and its flagship brand Trip.com. This partnership allows Trip.com to label hotels that minimise their environmental impact and meet GSTC certification criteria for sustainability. This provides travellers key information to make informed choices easily when selecting accommodation options. Recognising that corporate travellers wish to reduce their environmental impact, Trip.Biz, the Group's corporate travel division, offers lower-carbon transportation, including flights, trains, and car rentals. It also provides businesses with tools, such as accounts and budget quotas, to help track and manage their carbon emissions. Guided by its sustainability ethos, Trip.com Group aims to create a transformative sustainable travel ecosystem that not only preserves the planet, but also empowers communities worldwide. (END) About Trip.com Group Trip.com Group is a leading global travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group helps travellers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources, and an advanced transaction platform consisting of apps, websites and 24/7 customer service centres. Founded in 1999 and listed on NASDAQ in 2003 and HKEX in 2021, Trip.com Group has become one of the best-known travel groups in the world, with the mission "to pursue the perfect trip for a better world". Find out more about Trip.com Group here: group.trip.com. Follow us on: X, Facebook, LinkedIn, and YouTube.
明志科技大學再次榮獲新北市政府頒發的「綠色採購績優獎」，連續六年獲得此項殊榮，表彰學校在綠色採購、環保行動及永續發展方面的卓越成效。這項獎項彰顯了學校在環境保護、節能減碳及資源循環等領域的長期投入及共同努力。 新北市政府每年舉辦的「綠色採購績優獎」旨在表揚企業及團體在環保與永續發展方面的優異表現，並鼓勵企業積極參與綠色採購，推動永續發展。本月28日舉行的「113年度綠色消費暨績優環保志工聯合表揚典禮」上，明志科技大學由孟魁總務長代表學校接受公開表揚，並獲頒「綠色採購績優獎」，這也是學校在環境永續發展領域取得的重要成就。孟總務長表示，校園綠色採購政策不僅響應國家環保政策，也具體落實全球永續發展目標（SDGs），每一筆採購背後，都代表著對未來世代的責任與承諾。 學校長期推動綠色採購政策，校內各類採購優先選用經過環保認證的產品，包括節能、減碳、省水及綠建材等標章產品，讓綠色採購金額每年持續增長，2024年度累計金額已超過1,500萬元，涵蓋範圍更是廣泛，不管是辦公設備、教學材料到建物修繕材料等，皆在實踐綠色採購的理念。 未來，明志科技大學將繼續致力於提升綠色採購的效能，並朝著「淨零碳排放」的目標邁進。學校將減少校園內的碳足跡，並探索更多創新技術，以達成能源節省與碳減排的目標。同時，學校結合學術與業界及政府機構合作，共同實踐推動環保科技和創新解決方案，為實現全球永續發展目標貢獻力量。明志科技大學總務處網址：https://ga.mcut.edu.tw/
BEIJING, Nov. 29, 2024 /PRNewswire/ -- On November 10, Indonesian President Prabowo Subianto concluded his inaugural overseas trip to China following his appointment as president in March of this year. This visit marked his first official state trip to China, underscoring the significant importance Indonesia places on its bilateral relations with the country. At the recently held APEC and G20 leaders' summits, Indonesia, as a key member, expressed its commitment to collaborating with China and other developing nations to advance the vision of peace and development for the Global South. In a recent interview with Global Times (GT) reporters Hu Yuwei and Xie Wenting, Indonesian Ambassador to China Djauhari Oratmangun (Oratmangun) shared his insights on the outcomes of the president's visit, Indonesia's aspirations to join BRICS, his perspective on the three major global initiatives proposed by the Chinese leaders, and his expectations for the future of bilateral relations. In his view, Indonesia's development vision aligns closely with China's development philosophy and logic. He looks forward to continuing the friendship and strengthening cooperation between China and Indonesia under the leadership of the new generation of the Indonesian government, working together to contribute wisdom and efforts to the prosperity of the Global South. GT: Indonesian President Prabowo Subianto chose China as his first overseas destination after taking office. What signals does this send? What outcomes of this visit impressed you most? Oratmangun: China has been Indonesia's top trading partner for over 10 consecutive years. Progress in our bilateral cooperation has been great, particularly these past few years. China is Indonesia's largest trade partner and the second-largest investment partner. Based on data from General Administration of Customs of China, our trade volume in 2023 reached $139.41 billion. Meanwhile, China's investment in Indonesia last year amounted to $7.4 billion. We are optimistic that under the new administration, Indonesia and China relations will continue to grow stronger, fostering cooperation that benefits both our nations in areas such as trade, investment, infrastructure, and people-to-people exchanges. GT: What's your interpretation of the significance of the Global Development Initiative (GDI), the Global Security Initiative (GSI) and the Global Civilization Initiative (GCI)? How do you assess their synergies with President Prabowo's development strategy for Indonesia? Oratmangun: The Joint Statement Between the Republic of Indonesia and the People's Republic of China on Advancing the Comprehensive Strategic Partnership and the China-Indonesia Community with a Shared Future presents us with new enthusiasm for the GSI and GCI, as well as the GDI. Indonesia has been willing to support the GDI because of the benefits that it has presented to our region's economic recovery post-COVID. Meanwhile, the GSI and GCI are in line with Indonesia's vision for a peaceful international order which places emphasis on sovereignty, independence, equality under international law, and peaceful resolution of conflicts through multilateral and international cooperation. The synergy with Indonesia's current development strategy is obvious. GT: President Prabowo said that China is a great country. Indonesia and China have a 1,000-year history of friendly exchanges, and bilateral relations have maintained a sound momentum of development. How President Prabowo's deeper understanding of China can further promote mutual understanding between the two countries? Oratmangun: At the Indonesia-China Business Forum held on November 10 in Beijing, President Prabowo conveyed an ancient Chinese philosophy "A thousand friends are too few, one enemy is too many." He has often expressed this philosophy on several previous occasions. As President Prabowo has expressed many times, China is not only a great global power but also a great civilization. Indonesia and Southeast Asia desire to work together in collaboration and synergy with China. Prabowo Subianto expressed deep respect for the Chinese people's historical civilization, which has endured for thousands of years, and for studying their culture. In his remarks after being inaugurated as president on October 20, President Prabowo stated that Indonesia will pursue a foreign policy as a country that wants to be a good neighbor. Indonesia believes that in this increasingly interconnected world, collaboration, cooperation, compromise, and respect for national interests and the core concerns of others are crucial for achieving peace, security, stability, and prosperity. We are convinced that only dialogue and cooperation can be effective tools to achieve these goals. On our planet, which is becoming increasingly interconnected, collaboration is the only path to prosperity and harmony. Indonesia remains firmly committed to fostering inclusive dialogue, promoting concrete collaboration, and upholding international laws - especially the respect for the sovereignty and territorial integrity of all nations, as enshrined in the United Nations Charter. Appreciation for Chinese culture and history could indeed foster stronger mutual understanding between Indonesia and China. Indonesia could serve as a bridge in diplomacy, making it easier to identify mutually beneficial paths forward. This cultural awareness also signals respect, which can help in building trust and goodwill between the two nations. However, building on this foundation will require more than just understanding. It will need to translate into tangible ways that reflect Indonesia's national interests while recognizing the perspectives and aspirations of its counterpart. In a diplomatic context, this can lead to a more cooperative and productive relationship. GT: In what areas do you think China and Indonesia can further enhance cooperation, especially in the field of improving people's livelihoods in Indonesia? Oratmangun: Cooperation on housing, nutritious lunch for school-aged kids, and poverty alleviation has been discussed between the two heads of state. Building upon China's investment in Indonesia, I think these areas are a new opportunity for investment, such as in fisheries, agriculture and infrastructure. Infrastructure is not only about transportation, like high-speed train, but also to enhance connectivity to remote areas, building public facilities as well as housing facilities to improve people's livelihoods especially in remote areas. Our government will also continue downstream industrial policy, not only on nickel, but also other minerals like tin and copper. We hope China can continue support our downstream industrial policy. GT: The APEC and G20 summits have just concluded. What do you think APEC and G20 can do to inject momentum into the economic growth of Global South countries and provide direction for improving global economic governance? China will host APEC summit in 2026. What are your expectations on it? Oratmangun: The G20 plays a vital role in encouraging dialogue, cooperation, and coordination of policy responses for global economic recovery. Indonesia, as the largest economy in Southeast Asia, focuses on advocating for the interests of emerging markets and developing nations. Its presidency of the G20 in 2022 showcased its leadership in addressing post-pandemic recovery, digital economy development, and green energy transitions that provided direction and market confidence for future economic prospects and financial system stability. During the G20 in Brazil, Indonesian President Prabowo emphasized the importance of global collaboration to address the challenges of poverty, hunger, and climate change, as well as the Sustainable Development Goals (SDGs) and the green energy transition. Those challenges impact Global South countries, their sustainable development, and their energy transition agendas. The G20 must produce concrete actions to help achieve the SDGs. And regarding APEC, President Prabowo has affirmed that the forum should serve as a bridge for an inclusive future amid these increasingly complex global challenges. APEC could play a positive and pivotal role in building broader consensus and deliver more tangible results for regional connectivity and a more balanced, sustainable, and inclusive growth of Asia-Pacific and beyond. Indonesia therefore strongly supports China's APEC Chairmanship and looks forward to a successful APEC 2026. We will support APEC in achieving Putrajaya Vision 2040 of an open, dynamic, resilient, and peaceful Asia-Pacific community. GT: Indonesia has officially submitted an application to join the BRICS. What motivated Indonesia to join BRICS? Oratmangun: Indonesia sees BRICS as an attractive platform due to its commitment to providing an independent, multilateral space where emerging economies and developing nations can pursue greater economic collaboration, and address shared global challenges. Joining BRICS aligns well with Indonesia's foreign policy goals, as the country seeks to diversify its partnerships, reduce economic vulnerabilities, and play a more active role in shaping the global economic order. This forum of developing nations is making significant strides toward its goal of becoming an independent multilateral platform within the global economy. Given its long-term potential, BRICS offers Indonesia an ideal platform to amplify its global influence, serving as a bridge between the interests of developing and developed nations, much as it has done in other multilateral settings. Amid this increasingly polarized global landscape, Indonesia's diplomacy is transforming, engaging a diverse array of international actors, and enhancing its influence as an emerging power. Indonesia is prepared to take on a more prominent role on the world stage. In alignment with its free and active foreign policy, Indonesia seeks to engage across multiple platforms to protect and promote its national interests. By joining BRICS, Indonesia seeks not only to advance its national interests but also to support the broader interests of the Global South, striving to create a more balanced global economy where the voices of developing countries carry greater weight.
Singapore is one of only seven countries globally where all top 100 companies report on sustainability, surpassing the global average of 79 percent. Singapore's top 100 companies outperformed global benchmarks in six of 12 key sustainability reporting indicators, including board-level accountability, ESG integration and climate risk recognition. 76 percent of Singapore companies now recognise climate change as a financial risk, well above the global average of 55 percent and up from 49 percent in 2022. However, the percentage of Singapore companies seeking assurance for their sustainability information (37 percent) remains below the global average of 54 percent. SINGAPORE - Media OutReach Newswire - 28 November 2024 - Singapore's top 100 companies have made significant strides in sustainability reporting for 2024, exceeding global averages across six of twelve key indicators (see Table 1). The city-state is also uniquely positioned as one of only seven countries globally where all top 100 companies report on sustainability, in contrast to a global average of 79 percent. The findings come from KPMG's 2024 Survey of Sustainability Reporting, which examines the sustainability reporting approaches of the largest 100 companies (termed 'N100') in 58 countries or jurisdictions, representing a total of 5,800 companies. Notably, Singapore's top 100 companies demonstrated significant progress in three key areas compared to 2022, further surpassing global averages in these domains: Climate Change as a Financial Risk: 76 percent of Singapore's top 100 companies now recognise climate change as a financial risk to their business, a considerable rise from 49 percent in 2022. This also exceeds the 2024 global average of 55 percent, underscoring a broader corporate acknowledgment of climate-related risks. Strengthening Governance Leadership: The proportion of companies with a board or leadership representative responsible for sustainability governance rose to 55 percent in 2024, up from 35 percent in 2022. This increase highlights an enhanced commitment to embedding sustainability principles within corporate leadership. Integration of ESG in Reporting: 84 percent of Singapore companies now integrate Environmental, Social, and Governance (ESG) information into their annual reports, up from 68 percent in 2022. This achievement also stands well ahead of the 2024 global average of 62 percent, emphasising stronger corporate integration of sustainability disclosures. Cherine Fok, Partner, ESG Consulting, KPMG in Singapore, said: "This year's data marks a pivotal moment for sustainability reporting in Singapore, showcasing significant progress in how companies address climate-related risks. The increase from 49 percent in 2022 to 76 percent of firms recognising climate change as a financial concern highlights a deepening corporate understanding of its pervasive impact on business resilience and value creation. This advancement has been driven by the strong alignment between public and private sector initiatives. Government-led efforts, such as the impending adoption of International Sustainability Standards Board (ISSB) standards in 2025, have set a clear framework for corporate transparency, while the rise in board-level responsibility and the integration of ESG factors into annual reports—now at 84 percent compared to 68 percent two years ago—reflects growing accountability at leadership levels. However, there are areas that warrant further attention. Challenges in quantifying climate risks, obtaining third-party assurance, and linking sustainability metrics to executive remuneration present key opportunities for improvement. For instance, independent assurance can offer an impartial perspective that builds trust among investors and partners while clarifying an organisation's long-term ESG strategy. The slight dip in companies tying sustainability to pay may reflect boards exercising caution around disclosure, particularly as climate-linked remuneration becomes a disclosure requirement under the ISSB framework, prompting strategic recalibrations. Emerging areas such as biodiversity and social-related risk categories are also gaining traction. Initiatives like the Singapore Sustainable Finance Association's biodiversity workstream and national movements such as Forward Singapore provide platforms for progress. Globally, forthcoming reporting standards are poised to enhance disclosures on these topics. While the Sustainable Development Goals serve as an overarching aspirational framework, companies might choose to adopt more specific standards like the Global Reporting Initiative (GRI) or the Task Force on Climate-related Financial Disclosures (TCFD) for detailed guidance. To sustain this momentum, Singapore must pivot challenges into strengths, leveraging innovation, collaboration, and cultural transformation to embed sustainability at the core of business strategies. Tools like KPMG's ESG Assurance Maturity Index can help companies better navigate the evolving landscape of reporting, regulations, and insights, ensuring they remain positioned for leadership in corporate sustainability." Performance against global averages Singapore's top 100 companies outpaced global benchmarks in six sustainability reporting indicators. Key areas include the acknowledgment of climate change as a financial risk, identification of material topics, inclusion of ESG information in annual reports, reporting of carbon reduction targets, and governance leadership. However, some aspects of sustainability reporting show room for improvement. For instance, 38 percent of Singapore companies now link sustainability to executive remuneration, reflecting a decrease from 67 percent in 2022, though still notably ahead of the global average of 30 percent. In addition, 37 percent of Singapore's top 100 companies have sought assurance for their ESG or sustainability-related information, an encouraging increase from 2022, though below the global standard of 54 percent. Singapore's progress in sustainability reporting can be expanded further in areas such as integrated reporting, alignment with the Sustainable Development Goals, enhanced biodiversity disclosures, and addressing social and governance-related risks. These dimensions present opportunities to build on Singapore's strong foundations and drive continued improvement in corporate sustainability practices. Table 1: Results of sustainability key data points by N100 companies in Singapore versus global average No Key data points Global average (2022) Singapore results (2022) Global average (2024) Singapore results (2024) 1 ANNUAL REPORT (number of companies that include ESG/Sustainability information in their annual report) 60% 68% Medium/High 62% 84% High 2 INTEGRATED REPORT (number of companies that state that it follows the International <Integrated Reporting > Framework) 22% 9% Medium/High 19% 7% Medium/Low 3 ASSURANCE (number of companies that seek assurance for their ESG/Sustainability information) 47% 26% Medium/Low 54% 37% Medium/Low 4 MATERIALITY (number of companies that identify material topics) 71% 100% High 79% 96% High 5 SDG (number of companies that identify specific Sustainable Development Goals (SDGs) it considers most relevant to the business) 71% 69% Medium/High 75% 69% Medium/High 6 CARBON TARGET (number of companies that report carbon reduction targets) 71% 78% High 80% 81% Medium/High 7 BIODIVERSITY (number of companies that recognize the loss of biodiversity/nature as a risk to the business) 40% 34% Medium/High 49% 30% Medium/Low 8 CLIMATE RELATED RISK (number of companies that acknowledge climate change as a financial risk to business) 46% 49% Medium/High 55% 76% High 9 SOCIAL RELATED RISK (number of companies that acknowledge social elements as a financial risk to business) 43% 34% Medium/Low 51% 45% Medium/Low 10 GOVERNANCE RELATED RISK (number of companies that acknowledge governance elements as a financial risk to business) 41% 41% Medium/High 51% 44% Medium/Low 11 GOVERNANCE (number of companies with dedicated member of the Board and/or leadership team responsible for sustainability) 34% 35% Medium/High 46% 55% Medium/High 12 GOVERNANCE (number of companies that included sustainability within compensation) 24% 67% High 30% 38% Medium/High Legend: For each data point, the country has been ranked and grouped into one of four quartiles: Top quartile (High) = Countries ranked 1 - 15 Middle - high quartile (Medium/High) = Countries ranked 16 - 30 Low - middle quartile (Medium/Low) = Countries ranked 31 - 44 Bottom quartile (Low) = Countries ranked 45 - 58 KPMG 2024 Survey of Sustainability Reporting Globally, the findings of KPMG's Survey of Sustainability Reporting 2024 indicate six major trends: Reporting on sustainability and setting carbon targets has become part of business as usual. Both sustainability reporting and carbon targets have been adopted by almost all of the G250 global group of companies and four-fifths of the N100 groups. Some companies have already changed practices in advance of the move to mandatory reporting on sustainability under the EU's CSRD. The directive applies to an initial group of companies for reports on financial years ending from 31 December 2024, with some having until 2029 to publish their first compliant reports. However, some companies, mainly European-headquartered or with activities in Europe, are already preparing for CSRD such as by reporting material topics in accordance with the ESRS. Nearly half of European companies in the research already make disclosures using the EU Taxonomy. Double materiality, required under CSRD, is now used by half of the largest companies. Nearly four-fifths of both the G250 and N100 groups use materiality assessments. The larger G250 companies are more likely to use double materiality processes that assess both impacts on society and the environment and how this affects their financial performance. Double materiality is the most complete form of materiality assessment and is a cornerstone of compliance with the EU's CSRD, so some of those adopting it are likely to be doing so to prepare for it becoming mandatory. Despite moves towards mandatory reporting, voluntary guidelines and standards remain widely-used. GRI remains the most popular standard, with three-quarters of G250 companies using it and nearly as high a proportion of the N100 groups. There have been bigger increases in use for both SASB and stock exchange guidelines over the last two years, although from lower bases. Their adoption varies significantly by country and region, with all surveyed companies in Saudi Arabia using its stock exchange guidelines and two-thirds of those in the Americas using SASB. Reporting on biodiversity continues to increase. Around half of both the G250 and N100 groups now report on biodiversity, up from around one-quarter four years ago, although growth has been slower in the last two years. Significant differences between regions on adoption rates found two years ago have narrowed since, with companies in the Middle East and Africa moving closer to the global average. Adoption of TCFD recommendations continues to rise. Nearly three-quarters of G250 companies report climate risks in line with TCFD. The world is facing complex climate, social and geopolitical issues and addressing ESG priorities is more important than ever. The last two years have seen some companies and investors weakening and, in some cases, abandoning ESG commitments. However, KPMG's Survey of Sustainability Reporting shows that the largest companies worldwide are engaged with at least some elements of its agenda, such as, by setting carbon reduction targets. John McCalla-Leacy, Head of Global ESG at KPMG International, said: "KPMG's findings – and the fact that there are more sustainability leaders within executive teams at the boardroom than ever before – are clear evidence that we're making solid progress on the journey toward greater transparency and positive corporate actions to address environmental, societal and governance challenges. An increasing number of today's investors are now taking non-financial data just as seriously as financial data. The mainstream view today is that businesses that measure and report ESG risks – clearly and in-depth – are also likely to manage these risks better and deliver greater long-term value. "2025 is slated to be a milestone year for sustainability reporting. The Survey of Sustainability Reporting shows that companies are addressing the challenges and getting ahead of the new rules and regulatory frameworks. We are making noticeable progress with ESG reporting in a way that supports short-term and long-term business objectives. With years of analysis on the books, we are building an evidence base which shows how a robust sustainability reporting ecosystem helps businesses not only measure progress on executing their ESG strategy, but also drives value while mobilising capital markets to help support the development of ever-increasing much-needed solutions to the many environmental and societal issues we face. The business world is making progress. Let's keep going." Jan-Hendrik Gnändiger, Head of Global ESG Advisory at KPMG International, commented: "Our research shows that sustainability reporting has become part of business as usual for almost all of the world's largest 250 companies and a large majority of the top 100 companies in each country, territory or jurisdiction. The last two years have also seen significant increases in the proportion of companies publishing carbon reduction targets to levels equivalent to those for sustainability reporting. The proportion of companies reporting on biodiversity remains lower but has similarly increased since 2022. While next year will see some companies having to report on sustainability, our research shows that many others are commencing or increasing their work in this area voluntarily. There are excellent reasons to do so, whether to prepare for mandatory requirements or to offer better information to investors, customers, employees, regulators or other stakeholders." About the KPMG Survey of Sustainability Reporting This survey is based on detailed research by KPMG professionals representing 58 member firms, with each reviewing annual financial, integrated and ESG/sustainability reporting published by the largest 100 companies in their countries, territories and jurisdictions. With data from 5,800 companies, this year's survey is the same size as 2022's. This makes it jointly the most comprehensive in the series, which has run since 1993. For each company, staff at a KPMG member firm have examined its most recent available report to gather up to 52 pieces of data using a standard questionnaire. The responses from each country, territory and jurisdiction have been combined into a single dataset of more than 180,000 items which has been validated and analyzed to produce the results. This report also draws on the expertise of KPMG subject matter specialists worldwide through interviews and other input. We have drawn primarily on reports published between 1 July 2023 and 30 June 2024. If a company did not report during this period we have used reports published since 1 July 2022 at the earliest. If a subsidiary company reports on sustainability only through its parent or group company, we leverage the KPMG network and apply the parent company results to the subsidiaries as well. For example, in more than one case the group sustainability results for an international food and drink manufacturer have also been applied to some of its national subsidiaries. Survey findings are based purely on analysis of publicly available information. No information was submitted directly by companies to KPMG firms. Hashtag: #KPMGThe issuer is solely responsible for the content of this announcement.About KPMG InternationalKPMG is a global organization of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited ("KPMG International") operate and provide professional services. "KPMG" is used to refer to individual member firms within the KPMG organization or to one or more member firms collectively. KPMG firms operate in 143 countries and territories with more than 273,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients. For more detail about our structure, please visit kpmg.com.
SDGs
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