25 Jul '16, 5am

Sustainability reporting growing in Asean, but quality lags

Sustainability reporting growing in Asean, but quality lags

Sustainability reporting has taken a stronghold among Southeast Asia’s corporate giants, but they have a long way to go in improving the quality of their reports, new research has found. The study conducted by the National University of Singapore Business School’s Centre for Governance, Institutions and Organisations (CGIO) and Asean CSR Network (ACN), found that sustainability reporting rates among the top 100 companies by market capitalisation in Thailand, Malaysia, Indonesia, and Singapore are generally high. It was 100 per cent in Thailand, Malaysia, and Indonesia and 71 per cent in Singapore, although not all of this reporting uses recognised global frameworks. However, the quality of the reports left much room for improvement, with the four countries scoring an average of 50.4 out of 100 when evaluated on quality indicators, showed the study, launched at the Conferen...

Full article: http://www.eco-business.com/news/sustainability-reporting...

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