Why and how companies should prioritize ESG reporting

Companies should anticipate more scrutiny from regulators, investors and employees in 2022. Here’s what to consider when compiling and filing sustainability disclosures.

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Pursuing ethical business practices is not just the right thing to do.

Increasingly, companies are being compelled to disclose their impact on the climate and report on other issues pertaining to sustainability, equality and governance. Despite these external pressures—and growing internal calls for accountability—a new report from The Conference Board finds that smaller and mid-size companies are struggling to keep up.

That lack of ESG accountability could spell trouble for companies that are keen to improve their reputation and prevent a PR crisis due to negligence or bad behavior. But it’s a vacuum that also presents rich opportunities for communicators who are bold enough to claim new territory.

Mind the ESG gaps

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