Asia-Pacific sees 10% rise in sustainability disclosure
The Asia-Pacific region has seen a 10% increase in the disclosure of sustainability practices, according to a report from non-profit The Conference Board. Europe has the highest rate of disclosure with 37% of companies including such information in filings. Asia-Pacific’s rate is 33%, followed by Latin America at 24% and North America at 17%. Whilst most regions saw no change in levels of reporting since last year, North America witnessed a 2% drop. The number of companies in the Standard & Poor’s Global 1200 including sustainability metrics in executive compensation plans has risen from 3% last year to 16%.

Disclosure of sustainability practices has surged in the Asia-Pacific, according to a new report from The Conference Board. The report credits new regulations by stock exchanges and financial regulators with driving up the rate of disclosure there by 10 percentage points, while disclosure in other regions of the world remained flat.

By region, Europe still holds the highest overall disclosure rate with 37 percent of companies including information about their sustainability practices in regulatory filings. Europe is followed by the Asia-Pacific region at 33 percent, Latin America at 24 percent, and North America at 17 percent. North America’s rate actually dropped 2 percent from last year’s report.