International corporate reporting standard setters and framework providers have released a position paper supporting the development of better reporting guidelines for the Sustainable Development Goal (SDGs).

Participants of the Corporate Reporting Dialogue (CRD), an initiative designed by the International Integrated Reporting Council (IIRC), advocate working together to provide guidance and structure for businesses to be transparent and accountable, and to ensure better decision making that promotes financial stability and sustainable development.

The participants of the CRD include the Climate Disclosure Standards Board, the Global Reporting Initiative, the International Integrated Reporting Council, and the International Organization for Standardization and the Sustainability Accounting Standards Board.

In the paper they identify how corporate reporting can illustrate which SDGs are relevant to a company’s business model, enabling both companies and investors to focus on those SDGs most likely to impact financial performance.

The paper also notes the importance of driving integration of financial and non-financial information to demonstrate how companies create value for stakeholders over the short and long-term.

The CRD said: "We will strive with our further co-operation to enable effective and efficient capital allocation for the benefit of companies, investors, and society. This includes providing frameworks that measure progress toward achieving the SDGs, and providing frameworks that enable a better understanding of the link between the SDGs and company financial performance and risk.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Collectively the members of the CRD can address all 17 of the SDGs. The table below shows which SDGs are addressed by each of the participants’ framework:









1.      No poverty





2.      No hunger





3.      Good health and well-being





4.      Quality education





5.      Gender equality





6.      Clean water and sanitation



7.      Affordable and clean energy



8.      Decent work and economic growth





9.      Industry innovation and infrastructure





10.   Reduced inequalities





11.   Sustainable cities and communities



12.   Responsible consumption and production



13.   Climate action



14.   Life under water




15.   Life on land



16.   Peace, justice and strong institutions





17.   Partnerships for the goals






*     SASB metrics would be relevant for specific SDGs for selected industries

**   The International <IR> Framework follows a principles-based approach and, therefore, does not prescribe the disclosure of specific individual matters.