Recent and ongoing ESG/sustainability regulations around the world, including the EU, SEC, California and other jurisdictions, will accelerate the evolution of ESG reporting from largely unregulated web-site reports to more standardized data in regulatory reports (primarily the 10-K and proxy), some of which will be made readily comparable and digitized (including XBRL and iXBRL data tagging), and audited.
The good news is there are useful established frameworks that can help you set up your process, and software solutions that can help you to execute. DFIN’s recent white paper: “CFO’s and Controllers Know – The Journey Towards Mandated ESG Reporting Starts Now!”, provides useful guidance on this reporting transition and can be downloaded below.
