The power of transparency: Using data visualization to enhance reporting

In an age where sustainability is no longer a choice but a necessity, businesses and consumers alike are seeking transparency and accountability. The UN Global Compact is taking a significant step forward in meeting this demand with the launch of its Communication on Progress (CoP) Data Visualization Tool. This innovative tool aims to revolutionize how we understand and measure corporate progress toward sustainability.

Credit: United Nations Geospatial Network 

Today’s consumer is more informed and engaged than ever. With 83% of consumers thinking companies should be actively shaping ESG best practices (McKinsey, 2023), the need for transparent reporting and accountability is paramount. Yet, challenges lie in verifying whether brands are truly making strides in sustainability or engaging in greenwashing. 

The new CoP Data Visualization Tool addresses this challenge head-on by offering access to aggregated data from participants of the UN Global Compact that responded to the 2024 CoP questionnaire. This tool is more than just a repository of information; it's a dynamic resource that empowers stakeholders to dive deep into the data and analyze trends. Visual layouts and organizational methods supplement sustainability, allowing stakeholders of all kinds to easily understand what key data points they are looking at.  

1. Interactive Dashboards: The tool's interface allows users to explore data through interactive dashboards, offering insights tailored to specific needs. Whether you're interested in industry-specific trends, regional progress or company-size comparisons, the tool's filters make it easy to pinpoint the information.
2. Benchmarking Capabilities [Participant only]: For the first time, participants of the Global Compact that responded to the 2024 CoP questionnaire can benchmark their progress against their peers, gaining insights into best practices and areas needing improvement. This comparative analysis is critical for driving innovation and fostering a culture of continuous improvement.
3. Performance Against the Ten Principles: The tool offers a comprehensive overview of how participants are aligning with the Ten Principles of the UN Global Compact, covering areas like human rights, labor standards, environmental stewardship and anti-corruption. This transparency is vital for building trust with stakeholders and demonstrating genuine commitment to sustainability.

Data is more than just numbers; it's a roadmap for strategy and accountability. By visualizing progress, the CoP Data Visualization Tool transforms raw data into actionable insights, enabling companies to refine their sustainability strategies. For civil society and consumers, this tool is a powerful resource for driving informed decisions and fostering a culture of accountability.

Ready to make an impact? Explore the CoP Data Visualization Tools, follow the UN Global Compact for updates and share this innovative resource with your network. Together, we can transform how we measure and achieve sustainability.