Sustainability Reporting

As climate-related pressures intensify, organizations across the region are facing critical environmental, social, and governance (ESG) challenges. Transparent and credible reporting on how these challenges are being addressed is more crucial than ever, with investors, consumers, and stakeholders demanding greater visibility into business practices and values.

With global commitments to net-zero emissions and the rise of the circular economy, the need for comprehensive sustainability reporting continues to grow. This trend is equally prominent in the Middle East, where evolving regulations and expectations are shaping corporate responsibility.

At DOVA Advisors, we are dedicated to guiding organizations through these developments, helping them meet the demands of sustainability reporting while driving meaningful impact and compliance.

How sustainability Reporting has been evolving over the years

As sustainability remains a vital factor in decision-making for investors across the globe and the Middle East, skepticism continues to grow around the authenticity and reliability of sustainability reporting.
Recent insights from global research show that investors, including those in the Middle East, are increasingly wary of "greenwashing," where organizations may overstate their sustainability achievements. A significant number of investors believe that corporate sustainability reports often lack the evidence to support their claims.
However, emerging technological innovations such as Artificial Intelligence (AI) and blockchain are revolutionizing how sustainability data is collected, verified, and shared. These advancements improve accuracy, transparency, and efficiency in reporting, reshaping how sustainability is managed and communicated.
Looking ahead, the adoption of circular economy principles is further shaping the future of sustainability reporting and assurance. With a stronger focus on stakeholder-centric approaches, these practices drive organizations to incorporate sustainable values at the core of their business strategies, marking a pivotal shift in the reporting landscape.
Sustainability reporting has grown significantly worldwide, driven by regulatory developments and rising investor demand for transparency in Environmental, Social, and Governance (ESG) issues.

As sustainability remains a vital factor in decision-making for investors across the globe and the Middle East, skepticism continues to grow around the authenticity and reliability of sustainability reporting.<br>Recent insights from global research show that investors, including those in the Middle East, are increasingly wary of "greenwashing," where organizations may overstate their sustainability achievements. A significant number of investors believe that corporate sustainability reports often lack the evidence to support their claims.<br>However, emerging technological innovations such as Artificial Intelligence (AI) and blockchain are revolutionizing how sustainability data is collected, verified, and shared. These advancements improve accuracy, transparency, and efficiency in reporting, reshaping how sustainability is managed and communicated.<br>Looking ahead, the adoption of circular economy principles is further shaping the future of sustainability reporting and assurance. With a stronger focus on stakeholder-centric approaches, these practices drive organizations to incorporate sustainable values at the core of their business strategies, marking a pivotal shift in the reporting landscape.<br>Sustainability reporting has grown significantly worldwide, driven by regulatory developments and rising investor demand for transparency in Environmental, Social, and Governance (ESG) issues.
98%
of the world’s largest companies now report some level of sustainability information, up from 91% in 2019.*
79%
of the top 100 companies in each country (N100) now include sustainability in their reports. This trend reflects increasing pressure on companies to disclose ESG data​*
56%
In the Middle East, sustainability reporting is also on the rise 56% of the region’s top companies disclosed sustainability information in 2021, although this is lower than the global average.**
98%
Despite this, the region is seeing rapid progress, with the UAE witnessing a 22% increase in sustainability reporting between 2020 and 2022.**
*Sustainability Reports (IFAC)
** Global Trade Review (GTR) (IFAC)

These trends are fueled by global and regional regulatory changes, including the adoption of frameworks like the International Sustainability Standards Board (ISSB) and the Task Force on Climate-related Financial Disclosures (TCFD), which push for standardized and transparent sustainability reporting​ (IFAC).
Additionally, innovations like AI and blockchain are transforming how companies collect and verify sustainability data, enhancing both the accuracy and credibility of ESG reports ​(Sustainability Reports).
This growing focus on sustainability reporting is creating new expectations for companies to ensure that their disclosures are robust, verifiable, and aligned with global standards.

How we can support

In today’s rapidly evolving business landscape, the demand for transparent and credible sustainability practices is stronger than ever. Organizations are under pressure to not only meet regulatory standards but also to demonstrate a genuine commitment to sustainable growth. At DOVA Advisors, we offer a suite of tailored sustainability reporting solutions designed to help businesses navigate these challenges and align with global sustainability standards.
Our solutions are designed to position your business as a leader in sustainability while ensuring compliance with evolving regulations and industry best practices.
Developing Tailored ESG Reporting

Crafting sustainability reports that adhere to the highest international benchmarks, ensuring clarity, transparency, and alignment with global disclosure standards.

Implementing ESG Strategies

Assisting in the creation and execution of comprehensive ESG strategies that align with your organization's unique goals and industry needs.

Stakeholder Engagement

Supporting organizations in identifying and engaging with key stakeholders to ensure that their concerns and priorities are addressed in sustainability initiatives.

Internal Audits and Assurance

Conducting in-depth internal audits to validate the accuracy and effectiveness of your sustainability claims, controls, and reporting processes.

Materiality Assessment and Benchmarking

Identifying and prioritizing the ESG issues that are most material to your business, while benchmarking your performance against industry peers.

Sustainability Integration

Helping organizations integrate sustainability objectives with their corporate vision, financial performance, and operational excellence.