In the last few years, environmental, social and governance (ESG) planning has become ubiquitous. No matter the industry or company size, businesses have made tremendous investments to advance ESG policies and for good reason.
U.S. companies have typically self-regulated environmental advancement, but the widespread adoption of ESG policies prompted the SEC to propose regulations and California’s state government to pass a law requiring companies to disclose both direct and indirect emissions and climate-related financial risks.