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Strong Sustainability Performance by UAE Companies

This year 44 of the top 100 companies have reported on their sustainability performance, compared to 36 in 2016, according to KPMG’s corporate responsibility reporting survey, The Road Ahead, published on December 11.

KPMG’s survey studied the annual financial and corporate responsibility reports published by the top 100 companies in the UAE, and draws comparisons with global industry trends. KPMG observed an increase in the number of non-financial metrics being reported, including social and environmental impacts generated by an organisation’s business operations.

The report also looks at the level of reporting in relation to the United Nations sustainable development goals. 11 percent of the reporting companies were found to already follow the latest global reporting initiative standards framework which are said to become mandatory in 2018.