Existing company disclosure practices provide the foundation to implement the TCFD’s recommendations Precedent in oil & gas shows reporting at the level of the four principles (governance, strategy, risk, metrics) can be done. Reporting on the 11 specific recommendations will be more challenging, however, none of these are impossible to meet. Climate change is a systemic issue and investors need system-level data. Which means data from all listed companies and eventually the large private ones.

Existing company disclosure practices provide the foundation to implement the TCFD’s recommendations Precedent in oil & gas shows reporting at the level of the four principles (governance, strategy, risk, metrics) can be done. Reporting on the 11 specific recommendations will be more challenging, however, none of these are impossible to meet. Climate change is a systemic issue and investors need system-level data. Which means data from all listed companies and eventually the large private ones.

With government regulation lagging, technological outcomes depend on how businesses develop and apply them. It’s important that companies fill that gap by complementing their digital transformation journey with a governance arrangement that drives ethics and builds trust.

Key trends related to the corporate disclosure of environmental and social practices—encompassing, among others, atmospheric emissions, water consumption, biodiversity policies, labor standards, human rights practices, and charitable and political contributions.

Key trends related to the corporate disclosure of environmental and social practices in Europe

The Conference Board has developed a sustainable procurement framework to help companies assess their sustainable procurement program’s orientation toward outcomes and impact.

There has been dramatic growth in ESG (Environmental, Sustainability and Governance) investing during the past 20 years – but along with this positive trend comes an equally dramatic rise in ESG reporting requirements, and a proliferation of rating agencies and assessment tools.

Embedding sustainability into the supply chain makes good business sense. Embracing sustainable procurement practices can help companies manage business risks, achieve costs savings through material efficiency gains, enhance their brand reputation, and manage suppliers more effectively. But success requires a focus on real-world impact rather than inputs and activities.

Increasing recognition of the impact of environmental, social and governance (ESG) risks and opportunities on portfolio value is driving institutional investors engagement with companies on ESG.