Key Trends That Will Drive ESG This Year”
ESG reporting will become more standardized
As ESG reporting becomes more mainstream, investors and regulators will demand greater transparency and uniformity in the way companies report their environmental, social, and governance performance. This year, we expect to see more companies adopting standardized ESG reporting frameworks such as the Task Force on Climate-related Financial Disclosures (TCFD) or the Sustainability Accounting Standards Board (SASB).
Companies will focus on stakeholder engagement
With increasing pressure from investors and other stakeholders to address ESG issues, companies will place greater emphasis on engaging with these groups to understand their expectations and concerns. In particular, we expect to see more companies holding “virtual roadshows” to give stakeholders around the world the opportunity to learn about their ESG strategy and ask questions.
ESG integration will become more widespread
As investors become increasingly interested in ESG factors, we expect to see them incorporating these considerations into their investment decisions. This trend is already underway, with a growing number of asset managers offering ESG-themed strategies and indexes. In addition, more companies will adopt ESG-related risk management frameworks to help identify and mitigate potential ESG-related risks and opportunities.
Sustainability will become a competitive differentiator
As consumers and investors alike become more sustainability-minded, companies that fail to adopt sustainable practices may find themselves at a disadvantage. We expect to see more businesses making sustainability a core part of their strategy and marketing efforts, in an effort to differentiate themselves from their competitors.
Technology will play a bigger role in ESG
As technology becomes increasingly sophisticated and accessible, we expect to see it play a larger role in ESG initiatives. This year, we anticipate that companies will increasingly utilize artificial intelligence (AI) and machine learning to more effectively manage ESG data, and that blockchain will be used to improve transparency and trust in ESG supply chains.
ESG will be a key consideration in M&A transactions
As more companies become aware of the ESG-related risks and opportunities involved in mergers and acquisitions (M&A), ESG will increasingly become a factor in decision-making. In particular, we expect to see buyers and sellers placing greater emphasis on ESG due diligence in order to assess the potential environmental, social, and governance impacts of a transaction.
Contact us to learn how we can help YOU in your Marketing/Investor Relations/Public Relations and Media Relations — we are experts in our field and can guide you on your ESG compliance and concerns.
Patricia Baronowski-Schneider
President
Pristine Advisers
Tel: 631–756–2486 | Fax: 646–933–0177
E-mail: pbaronowski@pristineadvisers.com
Follow Us Online!
www — http://www.pristineadvisers.com/
Wikitia — https://wikitia.com/wiki/Patricia_Baronowski-Schneider
youtube — https://www.youtube.com/user/PristineAdvisers/videos
Vimeo — https://www.youtube.com/user/PristineAdvisers/videos
LinkedIn — https://www.linkedin.com/company/1674911/admin/
https://www.linkedin.com/in/patriciabaronowski/
Facebook — https://www.facebook.com/PristineAdvisers?sk=wal
Twitter — https://twitter.com/pristineadvise1
Instagram — https://www.instagram.com/pristine_advisers/
Blogs — https://pristineadvisers.medium.com/
#businessadvice, #marketing101, #publicrelations, #marketingstrategy, #successfulbusiness, #investorrelations, #IR, #PR, #corporation, #howtobesuccessful, #businesslessons, #PR101, #IR101, #bloggingtips, #marketinghints, #contentwriting101, #entrepreneur, #startup, #ESG