The statement was welcomed by the Advisory Group. During the intersessional period, discussion continued on whether sustainability reporting and core indicators should be used at a corporate consolidated level or at a legal entity level. Given that the impact of companies is realized at the local level, some experts argue that data should be provided by a legal entity of a home country. However, it is also important to consider that group-level consolidated sustainability reporting is critical as a means to align corporate behaviour and business models with the 2030 Agenda. Consolidated reporting is also a basis for financial decision-making by investors.