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Weekly Short
17 March, 2023
ESG – at least in terms of how the financial sector assesses businesses’ sustainability performance – is in the throes of some teenage growing pains. Some have criticised it for not being robust enough, too hard to draw comparisons, too voluntary,… the list goes on. We believe increased regulation is one (of many) answers to these issues. And it is arriving thick and fast.
Some of you may think many businesses spend too much time focused on sustainability reporting rather than actually creating meaningful change. And we’re sympathetic to that view. Change matters more than telling people about the change, after all. However, stakeholders need to understand where an organisation has come from, where it is at and where it is heading… and reporting is a fundamental part of that.
We are getting together with our friends at Echo Research, IFRS and RELX over breakfast next week to discuss this very subject, thinking about what’s on the horizon and the impact the regulations might have. Please join us at 8.30am at the RELX HQ 1-3 The Strand, WC2N 5JR. It’s free to join and we look forward to seeing as many of you as possible next week – in person! Do let us know if you can’t make it but would like to receive an update on these new requirements.
By Marie Guérinet