Why do our clients need to consider ESG?
If your clients are asking what they should do about ESG, the answer can be rather complicated. Many clients do not need to do anything. Regulation, although coming, is rather light on ESG. Regulation tends to focus on specific areas of ESG, such as modern slavery statements or gender pay gap reporting.
Even as more regulation around ESG comes, such as emissions reporting for listed companies, there is a wider context of ESG. Beyond the letter of the law, many companies are figuring out their ESG programmes from pressures outside of straightforward regulation. More often than not, ESG is coming from investor pressure.
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