How ESG reporting software can help companies meet requirements
Businesses are required to provide various reports detailing their activities primarily to governments and other regulatory agencies. Regular reporting is a key component of compliance, and companies need it to stay in business and avoid penalties. Of course, reporting is also an important part of building trust in an organization, which is important for transparency for investors and the public interest. Also read: Managing ESG risks – new supply chain challenges ESG reporting software, in particular, can help companies ensure that requirements for certain aspects of their operations are being met. By using ESG reporting software, companies can improve the accuracy and efficiency of achieving their sustainability goals. What is ESG reporting? ESG reporting is a range of potential reports that a company may produce as a way of highlighting its environmental, social and governance aspects. Government regulations may require businesses to report periodically to determine their impact on various social, governmental or environmental systems. Although reporting is often mandatory,…
India: Is your business aligned with India’s ESG wave?
Jump to: Is your business aligned with India’s ESG wave? ESG investing (also known as “impact investing”) is on the rise, with global investors putting pressure on companies not only to deliver strong financial returns, but also to act responsibly and ethically to achieve this. This market pressure is further exacerbated by increasing global and local regulatory compliance and disclosure requirements related to environmental, social and governance (ESG). In response, investors are incorporating ESG elements as part of their investment decisions and due diligence processes. This is especially true for those considering the exciting market opportunities in India. While many are aware that the Indian government aims to attract at least $100 billion in total foreign direct investment (FDI) annually by 2024, they may not be aware that the government has also recently developed a progressive ESG regulatory framework. Therefore, investors need to ride the ESG wave in India and ensure that their ESG programs are strong enough to mitigate…
New report shows organizers excited about ESG impacts
The Meetings Industry Association (MIA) June Insight Report surveyed 185 UK event organisers and venues. By Casey Gale The events industry remains in a challenging environment, with planners continuing to face a range of challenges, from budget cuts to the impact of extreme weather events due to climate change. However, more than three-quarters of planners still believe that the industry will not be bogged down by logistical challenges and will promote creativity and innovation. That’s just one of the findings from the Meetings Industry Association’s (mia) June 2024 Insights Report, which surveyed 185 UK event organisers and venues. Another highlight: more than half of organisations said they were investing more in their business today than they did 12 months ago, with 81% investing in sustainability initiatives; 73% in technology; 61% in marketing; and half of respondents investing in fit-out and equipment. “We are pleased to see so many organisations continue to invest in growth, which speaks volumes about the confidence…