Why it’s critical for financial professionals to embrace ESG reporting as a strategic imperative.
The SEC’s proposed climate disclosure requirements are raising the stakes for how companies approach ESG. A strong ESG reporting strategy has the potential to unlock new investments, lower the cost of capital and create new business by identifying opportunities as well as risks.
The key to this approach is engaging professionals across the company in the discussion. Given the broad nature of the proposed rule, the more professionals brought into the conversations, the higher the likelihood of understanding the impact on the organization and the better the ability to identify areas within the company to create value in response to this proposal.
Those that embrace ESG as a strategic asset can reap competitive benefits by differentiating themselves in the eyes of investors, customers and employees.
Get the knowledge you need to bring value to your organization by understanding recent developments in an ever-changing tax landscape.
Every company has an ESG story, but if you’re not telling it in a formal way, the ESG raters, indexes, investors and the marketplace are going to tell it for you.
Vice Chair, Audit, KPMG LLP
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