Companies Like ESG. But They Find Reporting on It Is a Big Pain.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

A mix of reporting standards and issues such as equity that are hard to quantify make it tough to comply. It also takes up a lot of employee time.

Businesses see a competitive advantage to disclosing their progress on environmental, social, and governance issues, but admit that actually creating the reports isn’t easily done.

The survey was developed with Alex Edmans, a finance professor at London Business School. More than 900 global professionals with knowledge of ESG reporting at their respective organizations—including executive leadership, finance and accounting, internal audit, risk management, and legal teams—were polled.

“What we’ve seen is that the people doing the work understand the complexity they’re dealing with—the volume of standards, the different regulations, and some of the ambiguity that goes with that—while executives can be a little bit more removed,” Volpe said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Council Post: Five Reasons Companies Struggle With CRM ImplementationsThe outcomes of their implementations often fall short of expectations, leaving companies underwhelmed and disillusioned.
Source: ForbesTech - 🏆 318. / 59 Read more »

Companies Offering To Pay For Abortion Travel See Major Uptick In RecruitmentNew research examined companies that offer abortion-related benefits and found the perks help recruit new workers but may alienate some current ones—especially men.
Source: ForbesWomen - 🏆 477. / 51 Read more »