In this useful piece from Wolters Kluwer's ELM Solutions, Fabrizio Tocchini and Grazia Cafagna, each of CCH Tagetik, lay out the "ABCs of ESG Reporting." This is one of those pieces that may seem kind of basic, but in fast-moving areas such as ESG, well-done discussions of fundamental what's, why's and wherefore's are worthwhile, as this piece proves.
In this useful piece from Wolters Kluwer's ELM Solutions, Fabrizio Tocchini and Grazia Cafagna, each of CCH Tagetik, lay out the "ABCs of ESG Reporting." This is one of those pieces that may seem kind of basic, but in fast-moving areas such as ESG, well-done discussions of fundamental what's, why's and wherefore's are worthwhile, as this piece proves.
"When it comes to sustainability and ESG strategies, organizations have advanced from using compostable straws to embedding sustainability into their business practices, processes, product development, operations, and strategy," they continue. "Many organizations are rejigging their business models, re-organizing corporate structures, and spending substantial time, money and resources to embed sustainability into core strategies. As a result of this investment, many have come to see environmental, social, and governance (ESG) reporting, not as a regulatory burden, but as a tool to attract investors and financing. Of course, companies want to do good and be ethical and responsible. But they also want to shine in the eyes of public, stand above the competition, and attract investors and financing. Reporting ESG performance in ESG reports is a way to make this happen."
Check out the full piece from WK ELM HERE!
Published February 28, 2022.