{"id":108031,"date":"2025-02-17T18:16:23","date_gmt":"2025-02-17T16:16:23","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=108031"},"modified":"2025-02-17T18:16:23","modified_gmt":"2025-02-17T16:16:23","slug":"workiva-survey-97-of-executives-say-sustainability-reporting-to-be-business-advantage-within-two-years","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/workiva-survey-97-of-executives-say-sustainability-reporting-to-be-business-advantage-within-two-years\/","title":{"rendered":"Workiva survey: 97% of executives say sustainability reporting to be business advantage within two years"},"content":{"rendered":"

A recent survey conducted by Workiva revealed that 97% of executives say sustainability<\/a> reporting will be a business advantage within two years, while 96% of investors agree it strengthens financial performance.<\/p>\n

Workiva\u2019s 2025 Executive Benchmark Survey<\/a> of 1,600 global leaders found out 85% will move forward with climate disclosures, while 92% of investors rank data accuracy as a foundational requirement to effectively evaluate organizations, yet nearly a quarter of executives do not fully trust their financial data.<\/p>\n

The survey highlighted that 93% of institutional investors are more likely to invest in companies with integrated financial and non-financial reporting.<\/p>\n

Over 10,000 companies and institutions (a 29% year-over-year increase) have set science-based decarbonization targets or committed to doing so, while 24 U.S. States and over 190 countries remain aligned with the Paris Climate Agreement, signaling that long-term commitments are holding firm.<\/p>\n

Executives see integrated reporting as essential for resilience and growth. \u201cCEOs are making choices today that will shape their business for years to come,\u201d said Julie Iskow, CEO of Workiva. \u201cAssured financial and sustainability reporting is not simply a compliance play, it’s a strategic approach to mitigate risk, fuel performance, and strengthen investor confidence.\u201d<\/p>\n

\u201cThe market has spoken and forward-thinking companies aren\u2019t waiting – they\u2019re taking action and committing to science-based targets and stronger disclosures,\u201d said Tensie Whelan,\u00a0Distinguished Professor of Practice for Business and Society and Founding Director of the NYU Stern Center for Sustainable Business. \u201cThey understand that sustainability and integrated reporting isn\u2019t just about risk management, it\u2019s a competitive advantage that attracts capital and drives long-term success.\u201d<\/p>\n

Executive Perspectives:<\/strong><\/p>\n

“By making our operations more sustainable, we’re able to increase efficiencies that impact our bottom line. It\u2019s a direct cause-and-effect relationship,\u201d said Allyson Anderson Book, CSO at Baker Hughes. \u201cAs we continue to enhance our sustainability efforts and move forward with climate disclosures and sustainability reporting, we believe our investor-grade integrated ESG data and reporting demonstrates our long-term, transparent approach to our investors.\u201d<\/p>\n

European leaders see regulatory shifts as an opportunity; “The CSRD is a game changer that empowers us to manage and report on our sustainability ambitions and results on a new level. The double materiality assessment where financial and impact materiality is combined has been a great support for us in the quest of identifying key risks and opportunities that drive long-term value creation. When CFO and CSO teams align around these material topics and metrics, we make better decisions and drive stronger performance,” said Ida Bohman Steenberg, Chief Sustainability Officer of Tietoevry.<\/p>\n

CEMEX Chief Financial Officer Maher Al-Haffar echoed the sentiment: \u201cOther Chief Financial Officers and Chief Executive Officers that I talk to believe that sustainability is something that we cannot ignore. Sustainability is incredibly\u00a0important because it contributes to the profitability of the business. As a CFO, I\u2019m trying to get my hands around how to provide data for investors so that they can quantify it and model it.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

A recent survey conducted by Workiva revealed that 97% of executives say sustainability reporting will be a business advantage within two years, while 96% of investors agree it strengthens financial performance. Workiva\u2019s 2025 Executive Benchmark Survey of 1,600 global leaders found out 85% will move forward with climate disclosures, while 92% of investors rank data […]<\/p>\n","protected":false},"author":410,"featured_media":108032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13331,984],"tags":[6879,17827,6336,17826],"yoast_head":"\nWorkiva survey: 97% of executives say sustainability reporting to be business advantage within two years - Csr Egypt<\/title>\n<meta name=\"description\" content=\"A recent survey conducted by Workiva revealed that 97% of executives say sustainability reporting will be a business advantage within two years, while 96% of investors agree it strengthens financial performance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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