{"id":3617,"date":"2024-08-22T16:53:16","date_gmt":"2024-08-22T16:53:16","guid":{"rendered":"https:\/\/sdgnews.com\/?p=3617"},"modified":"2024-08-22T16:53:18","modified_gmt":"2024-08-22T16:53:18","slug":"from-wait-and-see-to-lead-and-succeed-global-standards-are-shaping-the-future-of-esg-reporting-deloitte-report","status":"publish","type":"post","link":"https:\/\/sdgnews.com\/fr\/from-wait-and-see-to-lead-and-succeed-global-standards-are-shaping-the-future-of-esg-reporting-deloitte-report\/","title":{"rendered":"From &#8216;Wait and See&#8217; to &#8216;Lead and Succeed&#8217;: Global Standards Are Shaping the Future of ESG Reporting \u2013 Deloitte Report"},"content":{"rendered":"\n<h4 class=\"wp-block-heading\" id=\"h-key-impact-points\">Key Impact Points:<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>ESG Capacity Building:<\/strong> Companies are investing in cross-functional ESG working groups and hiring roles such as CSOs and ESG controllers to integrate sustainability into core operations.<\/li>\n\n\n\n<li><strong>Business Benefits:<\/strong> Organizations recognize enhanced efficiencies, reduced risks, and strengthened stakeholder trust as key internal benefits from ESG reporting.<\/li>\n\n\n\n<li><strong>Data Quality Challenges:<\/strong> Despite progress, data quality issues remain, with 88% of companies reporting significant difficulties, particularly in Scope 3 GHG emissions disclosure.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-why-it-matters\"><strong>Why it matters<\/strong><\/h3>\n\n\n\n<p><a href=\"https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/us\/Documents\/audit\/2024-sustainability-action-report.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Deloitte\u2019s <em>2024 Sustainability Action Report<\/em><\/strong><\/a> outlines the fast-evolving ESG landscape and the necessity for businesses to adapt. With new regulations like the SEC climate disclosure rule and global frameworks such as the ISSB standards, companies can no longer afford to take a &#8220;wait and see&#8221; approach. Leading companies are embedding ESG practices into their operations to gain internal and external advantages.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-key-findings\"><strong>Key Findings<\/strong><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>ESG Capacity Building is on the Rise:<\/strong><br>In the past year, companies have been building internal capacity for ESG. According to the report, 98% of executives have made progress toward sustainability goals, driven by the rise of cross-functional ESG working groups, the hiring of Chief Sustainability Officers (CSOs), and the integration of ESG into disclosure reviews.<\/li>\n<\/ol>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The creation of dedicated ESG teams and the rise of specialized roles indicate a strategic shift toward embedding sustainability into core operations.&#8221;<\/em> \u2014 <strong>Kristen Sullivan, Audit &amp; Assurance Partner, Sustainability and ESG Services, Deloitte &amp; Touche LLP.<\/strong><\/p>\n<\/blockquote>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><strong>ESG Reporting Brings Tangible Benefits:<\/strong><br>Companies are increasingly recognizing the benefits of sustainability reporting. Among surveyed executives, 51% identified improved efficiencies, reduced risk, and enhanced trust as the top internal benefits. Externally, organizations are seeing improved brand reputation, talent attraction, and pricing power. This underscores the business case for prioritizing ESG integration.<br><\/li>\n\n\n\n<li><strong>Data Quality Issues Persist:<\/strong><br>While progress is being made, companies continue to struggle with data quality, particularly in disclosing Scope 3 GHG emissions. More than 88% of companies cited data challenges as one of their top three issues, reflecting the complexity of measuring and reporting accurate ESG data. Despite the final SEC rule not mandating Scope 3 emissions reporting, global standards like the CSRD and IFRS are pushing organizations to advance their disclosures.<\/li>\n<\/ol>\n\n\n\t\t<div data-elementor-type=\"page\" data-elementor-id=\"2169\" class=\"elementor elementor-2169\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1ad85f5 e-flex e-con-boxed e-con e-parent\" data-id=\"1ad85f5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c4c36b5 elementor-widget elementor-widget-heading\" data-id=\"c4c36b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><h5 data-elementor-setting-key=\"title\" data-pen-placeholder=\"Type Here...\" style=\"font-family: joanna-nova, sans-serif;font-weight: 400;line-height: var( --e-global-typography-7044a64-line-height );font-size: var( --e-global-typography-7044a64-font-size );letter-spacing: normal;text-align: center\">Change the World - Subscribe Now<\/h5><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-392f45d elementor-widget__width-initial elementor-button-align-stretch elementor-widget elementor-widget-form\" data-id=\"392f45d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;step_next_label&quot;:&quot;Next&quot;,&quot;step_previous_label&quot;:&quot;Previous&quot;,&quot;button_width&quot;:&quot;50&quot;,&quot;step_type&quot;:&quot;number_text&quot;,&quot;step_icon_shape&quot;:&quot;circle&quot;}\" data-widget_type=\"form.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<form class=\"elementor-form\" method=\"post\" name=\"Newsletter Signup Footer\" aria-label=\"Newsletter Signup Footer\">\n\t\t\t<input type=\"hidden\" name=\"post_id\" value=\"2169\"\/>\n\t\t\t<input type=\"hidden\" name=\"form_id\" value=\"392f45d\"\/>\n\t\t\t<input type=\"hidden\" name=\"referer_title\" value=\"UN Global Compact SDG Investment Forum Wraps Up with Debut of Groundbreaking Sustainable Finance Report - SDG News\" \/>\n\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"queried_id\" value=\"4091\"\/>\n\t\t\t\n\t\t\t<div class=\"elementor-form-fields-wrapper elementor-labels-above\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-email elementor-field-group elementor-column elementor-field-group-email elementor-col-50 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"email\" name=\"form_fields[email]\" id=\"form-field-email\" class=\"elementor-field elementor-size-xs  elementor-field-textual\" placeholder=\"Enter Email Address\" required=\"required\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-group elementor-column elementor-field-type-submit elementor-col-50 e-form__buttons\">\n\t\t\t\t\t<button class=\"elementor-button elementor-size-xs\" type=\"submit\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Subscribe<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/button>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/form>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-they-re-saying\"><strong>What they\u2019re saying<\/strong><\/h3>\n\n\n\n<p><em>&#8220;In the rapidly changing ESG landscape, we\u2019ve seen considerable strides among businesses. While challenges still exist, the commitment to sustainability is becoming more evident as companies continue to unlock the potential of ESG insights.&#8221;<\/em> \u2014 <strong>Kristen Sullivan, Deloitte &amp; Touche LLP.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-the-bottom-line\"><strong>The Bottom Line<\/strong><\/h3>\n\n\n\n<p>The <em>2024 Sustainability Action Report<\/em> shows that ESG reporting is no longer optional but essential for businesses looking to thrive in a regulated, sustainability-focused world. Those who lead in ESG integration will position themselves for long-term success, while those who lag risk falling behind.<\/p>\n\n\n\n<p><strong>Read the full report here:<\/strong> <a href=\"https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/us\/Documents\/audit\/2024-sustainability-action-report.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Deloitte\u2019s 2024 Sustainability Action Report<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Impact Points: Why it matters Deloitte\u2019s 2024 Sustainability Action Report outlines the fast-evolving ESG landscape and the necessity for businesses to adapt. With new regulations like the SEC climate disclosure rule and global frameworks such as the ISSB standards, companies can no longer afford to take a &#8220;wait and see&#8221; approach. Leading companies are [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[64,33],"tags":[314,146,99,61,66,494,60,67],"class_list":["post-3617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-corporate-sustainability","tag-corporate-esg-reporting","tag-esg","tag-esg-reporting","tag-sdg-news","tag-sdgs","tag-sustainable-business","tag-sustainable-development-goals","tag-un-sdgs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>From &#039;Wait and See&#039; to &#039;Lead and Succeed&#039;: Global Standards Are Shaping the Future of ESG Reporting \u2013 Deloitte Report - SDG News<\/title>\n<meta name=\"description\" content=\"Organizations recognize enhanced efficiencies, reduced risks, and strengthened stakeholder trust as key internal benefits from ESG reporting.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sdgnews.com\/fr\/from-wait-and-see-to-lead-and-succeed-global-standards-are-shaping-the-future-of-esg-reporting-deloitte-report\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"From &#039;Wait and See&#039; 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