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  "documentTitle": "Big shifts small steps Sustainability 2022",
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      "text": "One hundred and eighty-three global businesses, with a combined market capitalization of over US$6.5 trillion, are adopting the metrics, and the recently established International Sustainability Standards Board is making great strides.",
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      "text": "In recent years, companies have witnessed a tightening focus on environmental, social and other non-financial factors that are critical for their long-term viability and success. Reinforced by increasing stakeholder demands for consistent and comparable data, there is now a movement toward more harmonized non-financial reporting based on common metrics. In this context, the World Economic Forum, in collaboration with KPMG, developed a set of baseline environmental, social and governance metrics to bring greater comparability to non-financial reporting and accelerate convergence among leading standard setters. Two years on, the progress is encouraging. One hundred and eighty-three global businesses, with a combined market capitalization of over US$6.5 trillion, are adopting the metrics, and the recently established International Sustainability Standards Board is making great strides in moving toward a global baseline for consistent and comparable non-financial reporting standards. We are particularly pleased that KPMG’s survey confirms the incrementally increasing uptake in non-financial reporting.",
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