This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

WEF consultation paper on common metrics for sustainability reporting

  • Leaf - sustainability (green) Image

22 Jan 2020

At the 2020 annual meeting in Davos-Klosters, the World Economic Forum (WEF) released a consultation paper titled 'Toward Common Metrics and Consistent Reporting of Sustainable Value Creation'. The paper proposes two related sets of metrics, a set of core metrics and a set of expanded metrics.

The metrics are drawn wherever possible from existing standards and disclosures (such as GRI, SASB, TFCD, etc.):

  • Core metrics: A set of 22 well-established metrics and reporting requirements. These are primarily quantitative metrics for which information is already being reported by many firms (albeit often in different formats) or can be obtained with reasonable effort. They focus primarily on activities within an organisation’s own boundaries.
  • Expanded metrics: 34 metrics. These tend to be less well established in existing practice and standards and have a wider value chain scope or convey impact in a more sophisticated or tangible way, such as in monetary terms. They represent a more advanced way of measuring and communicating sustainable value creation, and companies are encouraged to report against them as well, when material and appropriate.

The paper is open for comments until 5 June 2020.

Please click for the following additional information on the WEF website:

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.