Overall Results

The Sustainability Governance Scorecard consists of four main areas which are guidance from the board, implementation and its coverage, oversight provided by the board, and learning culture throughout the organization.

The results are shown based on aggregate scores of those four areas. Our research shows that each of the analyzed companies is a Global Sustainability Leader (GSL) with their outstanding efforts in sustainability governance.

We have concluded that there are country or industry wise differences either due to regulations, culture, or the nature of the industry. Additionally, adopting global initiatives or approaches make reasonable differences in the sustainability governance quality of the GSLs.

Percentage of Sustainability Leaders by Origin in Each Tier
  • Half of the GSLs in the United Kingdom (UK) are in Tier 1. In comparison to our 2019 Report, the percentage of UK companies in Tier 1 increased from 30% to 49%.
  • More than half of the GSLs in South Africa are either in Tier 1 or Tier 2.
  • Half of the GSLs in Germany are either in Tier 1 or Tier 2.
  • They are followed by companies in the United States, India, China, and Türkiye, respectively.
  • The accelerator effect of global initiatives about sustainability governance is evident.
    • UNGC: In the United Kingdom, more than half of the GSLs are signatories of the United Nations Global Compact (UNGC).
    • IR: In South Africa, adopting Integrated Reporting (<IR>) makes a reasonable difference for sustainability governance.
    • GRI: In Germany, more than 80% of companies adopted GRI reporting.
    • SASB: In the United States, more than 40% adopted SASB reporting where 65% of these companies are either in Tier 1 or Tier 2.
Top Performers in each Country amongst Tier 1 Companies
Performance of Sustainability Leaders by Sector in Each Tier
  • More than 50% of the GSLs in Consumer Goods, Telecommunication, Food Processors, and Natural Resources are either in Tier 1 or Tier 2.
  • In comparison to SGS 2019, the percentage of Tier 1 and Tier 2 companies in Telecommunication sector almost doubled, increasing from 36% to 61% and the share of Tier 1 and Tier 2 companies in Consumer Goods increased from 50% to 77%.
Top Performers in each Sector amongst Tier 1 Companies
Percentage of Sustainability Leaders by Initiative in Each Tier
  • Adopting global initiatives or approaches make reasonable differences in the sustainability governance quality of the GSLs.
  • Among the GSLs, all of the UNGC Lead Companies are in the first or second Tier.
  • 76% of SASB Reporting companies are either in Tier 1 or Tier 2.
  • 48% of UNGC 100 Companies and 33% of <IR> Reporting GSLs are Tier 1 companies.
  • More than 50% of GRI Reporting companies are either in Tier 1 or Tier 2.

We find that companies embracing the global initiatives seem to have better chances of incorporating sustainability into their culture by providing better governance of their sustainability efforts.