ESG Archives | Page 3 of 6

ESG
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8 min read

Board diversity must be a top ESG priority

The regulatory push for a representative board is here

What does board diversity mean?

Board diversity is a fundamental aspect of ESG, however it’s often taken a back seat given the more obvious aspects of ESG such as carbon emissions and health and safety. While diversity and inclusion is a vital element on the social side of ESG, it’s often hard to view D&I through a governance lens, leading to some companies being relatively strong on ESG, yet with a board that does not reflect the world the business operates in.

Nasdaq have recently taken the lead by requiring the 3,000 companies listed on the tech exchange to have at least one women on their board, one person from a racial minority, and one person who is LGBTQ+. The requirements also force companies to publicly disclose statistics on the demographic make of their board.

ESG Thought Leadership
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9 min read

ESG reporting best practices

What is ESG reporting, and why should organisations do it?

ESG reporting is the disclosure of environmental, social, and governance information that is material, or relevant, to an organisation. This information is used by investors and other stakeholders to understand how the organisation views and manages ESG risks and opportunities in relation to short-term financial performance or long-term value creation. Reports include quantitative and qualitative information, accompanied by performance analysis with respect to the company’s goals.

In some markets, ESG reporting is mandatory or will be soon, such as the European Union’s Corporate Social Responsibility Directive (CSRD) or the United Kingdom’s Sustainability Disclosure Requirements (SDRs). Beyond these requirements, many organisations choose to voluntarily publish ESG reports for several reasons:

ESG Thought Leadership
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9 min read

Is ESG reporting mandatory in the UK, the EU, and the US?

Why is ESG reporting mandatory?

As countries announce net-zero targets, involving the private sector will be critical to achieving these targets. One way governments keep companies accountable is by requiring ESG (environmental, social, and governance) reporting. Today, there are many frameworks and standards to report on these non-financial dimensions, such as the Global Reporting Initiative (GRI) or the Sustainable Accounting Standards Board (SASB). But governments are standardising how ESG information is disclosed to ensure investors have accurate information for decision-making and finance is mobilized to achieve national emissions reduction targets.

In June 2021, the G7 Finance Ministers announced their support for mandatory ESG disclosures, stating that such disclosures “provide consistent and decision-useful information for market participants…[that] will help mobilise the trillions of dollars of private sector finance needed, and reinforce government policy to meet our net zero commitments”.

ESG
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3 min read

Your ESG guide to the Carbon Disclosure Project (CDP)

ESG is much like corporate social responsibility but on a vastly larger and more measurable scale. Companies that are at the forefront of talking about their ESG scores are generating more attention from across the business spectrum, and investors are actively looking for high ESG scoring companies.

ESG
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3 min read

Download your ESG guide to GRI (Global Reporting Initiative)

Far from a buzzword, ESG is fast becoming the standard for businesses to manage and report on their risks. ESG: environmental, social and governance, are essentially the broadest set of factors which can be used to measure a company’s impact in the world. ESG reporting and ratings drive a huge and growing amount of investment.

Deciding to start ESG scoring can seem like a daunting task. But in actual fact, compliance dovetails into ESG reporting in a very meaningful way. Using a particular ESG framework can help to guide your reporting processes, showing you where to look, what to measure, and how to communicate it.

ESG
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4 min read

Your ESG guide to IIRC

ESG reporting framework

ESG (Environmental, Social, and Governance) can feel like an overwhelming and confusing topic, from understanding which data should be tracked to figuring out which framework to use. Are ESG frameworks mandatory, or even necessary, for ESG? Which framework is right for your industry and type of organisation? What’s the benefit of aligning to a framework? ESG reporting and ratings drive a huge and growing amount of investment, and ESG is fast becoming the standard for businesses to manage and report on their risks.

ESG
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3 min read

Your ESG guide to the Sustainability Accounting Standards Board (SASB)

ESG is very wide, from greenhouse gas emissions to modern slavery concerns to board composition. These three factors, environmental, social, and governance, measure a company’s impact on the world. Making a plan to start ESG scoring can seem overwhelming. But really, compliance complements ESG reporting in a very meaningful way.

ESG
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3 min read

Your ESG guide to Task Force on Climate Related Financial Disclosures (TCFD)

ESG Reporting Frameworks

Global businesses are now bringing environmental, social and governance issues together under the banner of ESG to demonstrate the positive impact the business is having on the world. Deciding to start ESG (environmental, social, and governance) scoring can seem like a daunting task. But figuring out which ESG framework could work best for your business can help you get started with ESG and guide your reporting process, showing you where to look, what to measure, and how to communicate it.

ESG
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3 min read

ESG update: SEC to tighten ESG investment claims

US battling Greenwashing with enhanced disclosure requirements

The US securities regulator is taking aim at exaggerated ESG credentials in investment products. The new rules seek to bring some clarity to the sustainable investment industry which has topped $3tn in value. The SEC wants to fight ‘greenwashing’ through enhanced evidence requirements for sustainable asset funds, making sure impact investments actually deliver on what they are supposed to do.

The proposed amendments will broadly categorise certain types of ESG strategies and require more specific disclosures in fund prospectuses, annual reports, and advisor brochures. This means funds focused on environmental factors for example will generally be required to disclose the greenhouse gas emissions associated with their portfolio investments.

ESG
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2 min read

ESG update: EU mandates 40% women on boards

Rules will also require 33% women in senior roles by 2026

In the latest ESG legislative initiative to come from the EU, the trialogue discussion between the Commission, Parliament and Council have agreed to adopt landmark mandatory quotas to ensure ‘the underrepresented sex’ will have at least 40% of seats on corporate boards.

The requirements will come into force 30 June 2026 and require large companies with over 250 employees operating in the EU to also ensure 33% representation of women in all senior roles, including non-executive directors and C-suite.

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