Listed issuers of all sizes here have improved the quality of their sustainability reports, and most have started on the relatively newer area of climate reporting. However, a biennial study warns of greenwashing risks, and highlights gaps in the quality of climate disclosures, board and management involvement and lack of climate transition plans.
Listed issuers scored an average of 75 points out of a possible 100 in the Sustainability Reporting Review 2023, up from 72 points in 2021 and 61 in 2019. The third edition of the study, released on Nov 23, reviewed sustainability reports for FY2022 that were available as of July 31 this year.
