What is ESG?
ESG is a framework used to capture the non-financial impacts, risks and opportunities (IROs) connected to an organisation's activities. Within this framework, the IROs are organised under three pillars - Environment, Social and Governance (ESG) - with topics under each pillar representing different IROs that the business must focus on to ensure the long-term sustainability of both the business and the planet.
What is double materiality?
The EU Commission first introduced the concept of double materiality as part of the 2019 Guidelines on Non-Financial Reporting. It recognises that ESG impacts, risks and opportunities (IROs) can be material from a financial perspective, a non-financial perspective or both. This approach to assessing materiality is clearly the future for reporting, and we’d recommend organisations should therefore look to develop their ESG strategy after considering materiality from both of these perspectives.
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Where are you on your sustainability journey?
When it comes to sustainability, what the world expects from businesses has changed: to succeed in the long term, you now need to succeed with ESG. Where are you on your sustainability journey?
Leadership in ESG integration survey
How are boards and senior management tackling the myriad of elements involved in ESG? Mazars, in partnership with Board Agenda and Henley Business School, surveyed UK business leaders about how they are approaching the challenges of new ESG regulations, responsibilities and risks. Is ESG a board priority? How is that translating into action? What are the pressure points and challenges? Explore all...
Consumer sector report 2023
Mature markets are experiencing a shift in consumer demand patterns as consumers move away from traditional products and services towards those consistent with environmental, social, and governance goals. Our study ‘Sustainable, smart, and synchronised’ explains how consumer companies can harness ESG and digital transformation to thrive in this changing environment.
ESG: the intersection with technology & assurance
Being largely unknown and under-reported before 2018, interest in ESG (Environmental, Social and Corporate Governance) has skyrocketed to the top of corporate and public interest agendas - with new swathes of regulations, heightened interest from investors and increasing scrutiny from concerned consumers. But what does ESG really mean to businesses? What explains its meteoric rise and where is it...
Asset managers and ESG implementation
ESG-related regulatory requirements, and scrutiny, show no signs of abating.
Bringing the ‘E’ and the ’S’ together
Acting on the principles embodied in ESG (environmental, social and governance) is fraught with difficulty.