Rio+20 conference may call for mandatory sustainability reporting
The United Nations Conference on Sustainable Development (UNCSD) to take place in Rio de Janeiro, Brazil, in June 2012 ('Rio+20') may result in a call for mandatory sustainability or integrated reporting by the world's largest companies.
Whilst the conference is primarily focused on sustainable development problems such as sustainable cities, energy, water, food and ecosystems, reporting aspects of sustainability are also included. The "zero draft" of the outcome document from the conference, which has recently been debated at negotiations held in New York in the lead up to the conference, contains the following as part of its 'framework for action':
|We call for a global policy framework requiring all listed and large private companies to consider sustainability issues and to integrate sustainability information within the reporting cycle.|
Click for access to the zero draft document (link to Rio+20 website).