Ten years ago, it would have been difficult to find an organization disclosing its ESG (Environmental, Social and Governance) principles or performance. But with growing demand for greater transparency and accountability by investors, governments and other stakeholders, ESG disclosure is quickly becoming the norm. Today, over 86 per cent of North American companies are opting to release voluntary reports which document their annual ESG activities. ESG reporting being one of the fastest growing voluntary disclosures in history, the lack of standardized reporting formats and transparent guidelines, coupled with a rapidly evolving landscape has created challenges in effectively tracking and reporting ESG goals, managing data and ultimately driving insights.
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