ESG — environmental, social, and governance — is here to stay. More than 90% of S&P 500 companies issued sustainability reports in 2020, and ESG reporting requirements have been proposed both nationally and internationally. These proposals herald an impending shift from voluntary to required disclosures and assurance.
Companies will soon have more clarity on what ESG information to disclose, but countless questions remain. How do you audit never-before-audited business areas? What tools and investments are needed to support impactful ESG programs? How can leaders build ESG strategies that support long-term value creation?
Audit, risk, compliance, and sustainability professionals have a pivotal role to play in helping companies navigate these challenges. Whether you’re getting an ESG program off the ground or seeking to advance program maturity, AuditBoard’s Step-by-Step Guide to Building Your ESG Program: Resources, Best Practices, and Key Considerations is here to help. Download the full guide to find helpful resources and learn how to:
- Determine which ESG metrics matter to your business and select frameworks.
- Navigate data-collection challenges and use materiality and benchmarking to set ESG goals and strategy.
- Make decisions that drive program maturity and competitive differentiation.
- Translate ESG goals and initiatives into action plans and engagement.
- Get systems in place to maximize the value of your data — and value for stakeholders.