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WTTC’s latest report emphasises increasing ESG reporting in Travel & Tourism, highlighting trends, challenges and gaps in industry participation.
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This WTTC report on sustainability reporting in the Travel & Tourism sector outlines the growing importance of Environmental, Social and Governance (ESG) disclosures. The report highlights how increasing regulations, investor demands and consumer awareness are driving more companies to adopt sustainability reporting practices.
Key trends include the rise of integrated reporting, alignment with global frameworks like the UN Sustainable Development Goals (SDGs), and the growing prevalence of external verification. However, significant gaps remain, particularly among smaller companies and privately-held entities.
The report emphasises the need for standardised metrics and broader participation across the industry, noting that only 24% of potential reporters are currently publishing sustainability reports, with varying quality and depth.
More in this series
Part 1: Background on Sustainability Reporting
Part 2: Outlook and Reporting Trends
Part 4: Reporting Guidance for Travel and Tourism Businesses
