The Sustainability Reporting Perspectives on Regulatory and Professional Initiatives across the Asia Pacific report contains research conducted by CPA Australia that reports on a survey of regulatory developments and other professional and commercial initiatives.

The timing of this review captures the impact of national and international responses to the 1998 Asian debt crisis.

The recent spate of high profile corporate collapses, such as Enron and Worldcom and many others, has also had significant global repercussions, adding momentum to financial reporting and corporate governance reforms.

While every regulatory jurisdiction included in this review has undergone some form of corporate governance reform over the last five years, some jurisdictions have introduced mandatory reporting requirements while others have relied on voluntary codes and guidelines.

Some of the corporate governance reforms covered in this review include requirements or recommendations to provide social and environmental disclosures to a broader range of stakeholders, while others are silent on the issue.

For more information, also see: 

• Media release: Mandatory sustainability reporting misses global opportunity: CPAs