The trusted path to ESG

Global sustainability disclosure requirements continue to evolve at a rapid pace, and stakeholders increasingly expect environmental, social, and governance (ESG) disclosures to be more transparent and “investor grade,” i.e., based on complete, accurate, and comparable data. Companies can achieve ESG reporting efficiency, quality, and control through the effective use of integrated technology solutions along with the guidance from trusted professionals with deep expertise in ESG strategy, reporting, and control processes.

Reliable ESG reporting is now a corporate requirement, demanded by every stakeholder group from investors and consumers to employees. Executives and board directors recognize the demonstrated value derived from ESG strategies, compelling more companies to establish or upgrade existing programs.

Regulators, including the U.S. Securities and Exchange Commission, European Commission, and European Parliament also have recently introduced ESG disclosure rules with additional reporting requirements.

However, even organizations that have been producing ESG reports for years now find themselves spending significant time and effort collecting, aggregating, managing, and then reporting ESG data that can match the rigor of their financial disclosures. The time and level of effort continues to grow with escalating regulatory requirements.

As a result, companies are reviewing their ESG reporting capabilities and looking to technology to enable a more mature ESG program—one that can hold up to increased stakeholder scrutiny, emerging regulatory reporting, and auditability requirements.

Download this issue brief to learn the common challenges, key considerations and how a financial services company introduced a better reporting process.