ESG is your company ready?
The growing trend of environmentally and socially focused resolutions puts pressure on boardrooms. Consumers want to engage with businesses that are sustainable, responsible and ethical.
The wait-and-see approach won’t work, investors are already favouring businesses with strong ESG credentials.
The International Financial Reporting Standards Foundations’ (IFRS) new global sustainability and climate disclosure standards will be effective as of January 2024, according to an announcement by the IFRS’s International Sustainability Standards Board (ISSB).
The new reporting standards are expected to be released by the end of Q2 2023, with companies beginning to issue disclosures against the standards in 2025. The ISSB said that the decision to set the 2024 effective date answered “strong demand from investors for companies globally to disclose comprehensive, consistent and comparable sustainability-related information.”
You need to anticipate investors questions before they are asked, manage the associated risks and implement an appropriate ESG framework that will operate across the organisation.
Are you ready to take the next step in the ESG transformation in your organisation?
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