The importance of ESG reporting is growing, whether in the form of a compliance disclosure in annual reports, or a dedicated sustainability report.
Investors and other stakeholders are growing increasingly aware of ESG issues and want companies to be more transparent in their reporting. Stakeholders are using this information to compare competitors with each other, so a firm’s reporting has to tell a compelling story in addition to being accurate.
Some investors prefer that material ESG risks and opportunities are disclosed in the annual report, sustainability reports have a major part to play in cultivating public trust. They remain an effective way for companies to answer in a single document the many questions that stakeholders have.
Creating a standalone ESG report or enhancing the ESG content of your annual report and accounts can be challenging, however. Consideration must be given to the stakeholders’ requirements, the reporting methodology and the frameworks that have to be used.
At RSM, we can help you to establish compliant, compelling, and credible ESG reporting that’s delivered in the right format for you and follows ESG reporting standards.