A New Era Of Transparency: How Mandatory ESG Reporting Will Reshape Business

  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 59%

Harikishore Sreenivasalu Notícia

Brasil Últimas Notícias,Brasil Manchetes

Harikishore Sreenivasalu is the founder and CTO of Aarini Consulting. Read Harikishore Sreenivasalu's full executive profile here.

, companies of all sizes will be required to report on their environmental, social and governance performance, in an effort to standardize sustainability reporting across industries.

With this broader perspective, businesses need to identify the right data sources for each category. For instance, social data points might be collected from HR and human capital management systems. Financial data would most likely come from ERP or accounting solutions, while environmental data will primarily come from supply chain information, manufacturing processes and manufacturing execution systems .

The second step defines these goals by outlining where the company wants to be on each metric. These goals should be specific, measurable, achievable, relevant and time-bound . Finally, it’s important to take regular measurements throughout the year to know how well a company is progressing toward established goals. This ongoing cycle of “measure, set, improve” will make it possible for businesses to improve and adapt continuously.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 318. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

'New era' of cosmetics' regulation: FDA wields new powers over makeup companiesThe gradual phase-in of a 2022 law aims to improve accountability around some of America's most commonly used beauty products.
Fonte: axios - 🏆 302. / 63 Consulte Mais informação »