Are Global Enterprises Embracing ESG Commitments?

Key Findings of ESG Global Enterprise Pulse Survey 2023

Incorporating ESG principles has emerged as a fundamental aspect of sustainable business practices globally, propelled by a blend of upcoming regulatory measures, investor expectations, and consumer choices.

Are Global Enterprises Embracing ESG Commitments?

SG Analytics’ ESG Global Enterprise Pulse Survey highlights the ever-evolving ESG landscape and relevant reporting aligned with sustainability demands.

69%

of corporates are committed to integrating ESG factors, driven by their recognition of ESG’s impact on long-term sustainability.

75%

of the global publicly traded companies surveyed are leading the way in ESG maturity.

71%

of corporates consider financial risks and opportunities associated with ESG factors in their decision-making processes.

47%

of the global publicly traded companies use both SASB and GRI frameworks for ESG reporting.

75%

of global corporates employ independent assurance, hinting toward its increasing popularity.

60%

of publicly traded corporates are integrating ESG effectively into their business strategies.

88%

of publicly traded companies globally are prepared for future ESG reporting and disclosure requirements.

Note: The survey was conducted across 300 enterprises within 11 industries during the period of Aug-Sept 2023.

Dig deeper into SGA’s ESG Global Enterprise Pulse Survey 2023 to gain valuable insights into the rapidly evolving world of ESG.

Dig deeper into SGA's ESG Global Enterprise Pulse Survey 2023 to gain valuable insights into the rapidly evolving world of ESG.
Critical Highlights from SGA's ESG Global Enterprise Pulse Survey 2023 Report

Critical Highlights from SGA’s ESG Global Enterprise Pulse Survey 2023 Report

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Current Engagement & Adoption Curve

The SGA survey revealed that most publicly traded companies (75%) consider themselves mature and are paving a path for seamless ESG integration into their overall business strategy. Approximately 25% of the publicly traded companies are at an early stage of ESG maturity.
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Current Challenges

ESG integration progress continues with the existing ESG reporting realities in the corporate landscape. However, complex challenges persist in the overall ESG landscape. ESG reporting is a daunting task with huge data gathering/metric requirements, and the biggest challenge is the lack of data quality, reliability, and varied data sources.
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Future Roadmap

The global ESG reporting landscape is evolving for good. The timing is critical for organizations as corporate ESG disclosure activities will be highly scrutinized under new sustainability reporting regulations. Therefore, they need to be well-prepared for the future transformation of the ESG landscape.

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