Regulatory Divergence in Global Sustainability Disclosure: Costs, Risks, and Possible Solutions |
Part I: General Background of this Survey
Sustainability reporting frameworks are emerging rapidly at the regional (e.g., EU), national (e.g., U.S.), and global level (e.g., International Sustainability Standards Board – ISSB). OECD member countries are adopting mandatory sustainability disclosure requirements to encourage a greater focus by companies and their investors on environmental, social, and governance considerations. Uniquely, OECD member countries span the adoption of the most prominent disclosure frameworks: EU CSRD, U.S. SEC, and ISSB.
In response to the fragmentation in sustainability reporting frameworks, Business at OECD (BIAC) is preparing a report to assess the costs and risks of regulatory divergence in sustainability reporting requirements and to propose possible solutions for encouraging convergence amongst existing and emerging frameworks.
The following questionnaire seeks input from companies on their experiences with sustainability reporting to understand: the costs and benefits of reporting activities, top concerns related to the fragmentation of global reporting requirements, and to seek solutions for addressing fragmentation.
The opportunity to provide additional information and be featured in a case study will be offered.
Please note: All individual responses will remain anonymous and will not be published. Responses will be analyzed collectively to identify trends and insights, without linking data to individual participants.