It can definitely feel like a roller coaster ride when it comes to environmental, social and governance (ESG) reporting. It’s a landscape in flux with numerous ESG frameworks, which are often regional- or industry-specific, and a lack of uniformity among ESG disclosures. What’s more, many of these frameworks are in the process of becoming legally binding regulations.
Mandatory ESG reporting is literally just around the corner. Depending on a company’s sector of activity and location, it may face several ESG regulations. As Financial Executives International estimates, 85% of companies have to use multiple ESG reporting frameworks.
