New research from KPMG shows that the UK’s top 100  companies have slipped behind a number of European countries for sustainability reporting.

KPMG International’s Survey of Sustainability Reporting 2020 shows 94 of the UK’s top 100 businesses report on sustainability – down from 99 in 2017. While the UK remains one of only 14 nations around the world with reporting rates above 90%, the country has slipped behind Sweden (98%), Spain (98%) and France (97%).

However, despite the drop, Britain’s sustainability reporting rate remains significantly higher than the European average of 77%. Meanwhile, 87 of the UK’s top 100 companies now provide some sustainability information in their annual reports – the highest figure in Europe and the second highest in the G10, behind Japan (96%).