Global Reporting Initiative
Voluntary National Review Analysis 2023
Pages
12
Time to read
22 mins
Publication
Language
English
Pages
12
Time to read
22 mins
Publication
Language
English
This document is an analysis of the Voluntary National Reviews (VNRs) for 2023, which assess progress in implementing the 2030 Agenda and its Sustainable Development Goals (SDGs). The analysis highlights the role of the private sector in VNR development, noting that 91% of countries included references to private sector involvement this year. The document emphasizes the significance of public-private partnerships, which appeared in 100% of the reports, indicating a growing collaboration between sectors. It presents data showing an increasing trend in companies reporting on sustainability, with 63% of VNR reports referencing transparency and sustainability reporting. However, only 30% of reports specifically mentioned SDG target 12.6, which encourages companies to integrate sustainability into their reporting. This discrepancy suggests a need for improved understanding and action regarding sustainability reporting requirements. Additionally, the document outlines several challenges, including the lack of standardization and comparability in sustainability reporting, which hinders effective policy development and implementation of SDGs.