Sustainability action report: Survey findings on ESG disclosure and preparednessDECEMBER 202202 | Sustainability action report: Survey findings on ESG disclosure and preparednessContentsForeword 03Main findings 04Detailed research findings 06 State of sustainability reporting today 06 Sustainability reporting challenges 14 Sustainability planning and taking action 17Research objectives and methodology Deloitte commissioned an online survey in August and September 2022 of 300 executives at publicly owned companies with a minimum annual revenue requirement of $500 million or more, as well as conducted interviews to increase the total sample size to 100 in each of the following industries: consumer products; financial services; life sciences and health care; oil and gas; and TMT (technology, media and telecommunications). Executives are defined as senior finance, accounting, sustainability, and legal executives with a minimum seniority of director, or chief risk officers, general counsels, chief legal officers, or chief sustainability officers. Sustainability action report: Survey findings on ESG disclosure and preparedness | 03 Environmental, social, and governance (ESG) concerns continue to ratchet up as stakeholders increasingly expect a company’s business strategy to align with its sustainability commitments, priorities, and requirements. Stakeholders understand the impact and dependence of companies on the environment and society, and it’s evident that sustainability reporting and disclosure are more than “check-the-box” compliance exercises. ESG is about risk and opportunity. It could underpin your business strategy and have the potential to unlock strategic possibilities. For many companies, ESG is about business fundamental...
