Africa-Press – Angola. One in every 100 companies in Angola discloses its performance to the market, in light of the Sustainable Development Goals (SDGs), according to a study presented yesterday, in Luanda, by KPMG associate consultant, Pedro Cruz.
Speaking at the forum on the challenges of social and environmental governance in the Angolan financial sector, he underlined that the study involved one hundred largest companies operating in Angola, pointing out that companies may be concerned with the 17 SDGs, “but do not disclose information” about the actions that are developed.
Pedro Cruz says that companies, despite not disclosing actions on the SDGs, provide information on their financial performance, such as sales and results.
He refers that companies present non-financial information reports, making them available on their websites, representing 28% of the 100 largest companies in Angola.
According to the same, the world study demonstrates that, despite the data, Angola is in a growing trend in the reporting of economic, social and governance issues – ESG.
“Companies need to disclose what they are developing with environmental, social aspects, elements that are very relevant in Angola, as well as what they are doing to improve the condition of their employees, how they are working in terms of equality and equity between men and women,” he said.
Pedro Cruz points out that there is an interest of companies in improving information, with non-financial themes, looking at the themes of climate change and understanding the diversification of the industry.
The SDGs have the capacity to trigger innovation, economic growth and development on an unprecedented scale, and constitute a unique and necessary opportunity to support sustainable, regenerative and inclusive growth, without which it will be impossible to face the climate emergency, the galloping loss biodiversity and social inequalities and asymmetries.
The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, defines global sustainable development priorities and aspirations for 2030 and seeks to mobilize global efforts around a set of common goals and targets.
There are 17 Sustainable Development Goals (SDGs) that represent an urgent call to action by all countries – developed and developing – for a global partnership.
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