A global rethink of ESG and sustainability reporting is underway. What’s emerging isn’t retreat, but recalibration: a
shift from saying everything to saying what really matters.

With ESG losing its shine and climate disclosure mandates softening, it’s time to redefine sustainability — as a story of strength, foresight and future-fitness.

Annual reporting trends in 2025

Integrated Reporting with integrity: avoiding the pitfalls of selective adoption

How to make the most of your Climate Disclosures Report, moving it beyond the CDR to create a compelling narrative that adds broader value.

As New Zealand leads the charge in mandatory climate-related financial disclosures, businesses are now confronted with new expectations—demanding, yes, but brimming with opportunity. In this first entry of a two-part series, we explore the framework reshaping climate reporting in New Zealand and some essential considerations for crafting reports that go beyond box-ticking.

The trends we’ve observed this year reflect an industry in transition. Digital-first reporting is now the standard, transparency is expected, and the integration of sustainability into core business practices is well underway. At the same time, challenges like mandated climate reporting and economic uncertainty require companies to be agile and strategic in their storytelling.

Each year around this time I look back at the many annual and integrated reports we have produced since the beginning of the year, trying to discern the shifts and trends that I’ve observed.