A database tracking business reporting on the UN Sustainable Development Goals (SDGs) has been updated to improve corporate disclosures. “Unlocking corporate insights into SDGs is crucial for driving meaningful change,” said Tonilyn Lim, Chief of Programmes at the UN Global Compact (UNGP). The database, which was first launched in 2017 by the Global Reporting Initiative (GRI) and UNGP, now features a wider inventory of potential disclosures at the target level for each of the SDGs. These are based on internationally recognised frameworks and standards. “By offering a comprehensive inventory of potential disclosures for each SDG, we aim to standardise and elevate the quality of data, fostering greater transparency and accountability,” said Lim. In addition, the database offers new research options for companies to compare SDG-related information and disclosures. The reporting tool aims to address ongoing issues with voluntary and fragmented SDG-focused reporting practices, which often result in incomplete data. “In a time of pressing global challenges, the role of the private sector in contributing to the SDGs cannot be overstated,” said Peter Paul van de Wijs, Chief Policy Officer at the GRI. “Reporting practices are often non-mandatory and inconsistent, hindering our ability to comprehensively assess and address the most pressing sustainability issues.”
