Why ESG Reporting Jobs are important?
ESG reporting is the disclosure of data related to the environmental, social, and governance aspects of business in terms of risks, opportunities and impacts on people, the planet and the economy. ESG reporting enables the organisation to track its progress towards its ESG strategy, market targets or benchmarks, attract investors and financing and address stakeholders’ demand for transparency.
Regulators, market participants, and other stakeholders apply pressure on companies to provide transparent, reliable and measurable data about sustainable performance to enhance accountability and trust. The reporting standards are constantly evolving and aim at designing stes of rules to promote sustainable investing and corporate transparency.
It encourages companies to disclose detailed information on their ESG policies.
The high volume and constant evolution of Sustainable finance and ESG reporting standards (SFDR, CSDR, TCFD, EU Taxonomy, SASB, GRI, CDP etc,…), benchmark and rating methodologies (S&P, Morningstar, MSCI,…) and scoring/indices (MSCI ESG indices, FTSE4Good, DJSI, US S&P 500 index, CDP scoring …) require companies to understand the vast reporting landscape and apply critical judgment to design suitable reporting and elect relevant benchmarks ranking / ratings aligned with their business requirements.
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