How Are Companies Moving The Needle On Sustainability Reporting?
I’m a regular writer for Jones Lang LaSalle’s B2B content, often covering sustainability. For this piece about the need for transparent reporting on corporate sustainability initiatives, I interviewed JLL experts to establish their authority in this growing field.
As more companies commit to long-term targets for a net zero carbon future, the pressure is on to report progress to shareholders and the wider business world.
For many companies, it’s a developing area. At present, 50 percent of occupiers and 55 percent of investors are collecting data and reporting findings on a regular basis, according to JLL’s Decarbonizing the Built Environment report. They’re playing catch-up with the leading pack who have already sharpened their focus on data and technology, using advanced analytics and automation – and in some cases real-time reporting.
Such technology has a critical role to play going forward to support the transparency needed to drive progress towards net zero goals, as well as meeting new environmental regulations. “Sustainability is now recognized as a business risk with implications for organizations and supply chains,” says Cynthia Curtis, Senior Vice President of Sustainability Stakeholder Engagement at JLL. “The need for stronger, more transparent reporting is considerable, both for businesses to gauge progress and investors to identify opportunities.”
