ESG - A Path Forward

 

As 2022 is nearing completion, it is time to prepare for annual data review and reporting on Environment Social and Governance (ESG) metrics and initiatives.

Before gathering data, a reporting company should consider the driver behind preparing an ESG report: regulatory compliance? Stakeholder involvement? Internal goal setting and tracking?

Once the purpose and audience of the ESG report is understood, a framework should be selected and a data gap analysis conducted to identify available records vs data needs.

As we come to the end of Q3, it is time to assess upcoming annual reporting needs, set up information routes, and decide how data will be managed, gathered and verified. Putting in the planning time now, will make for a smooth reporting season in 2023.

If your team is evaluating ESG reporting options, Arletta can assist with strategy and goal setting, data management system development and implementation, understanding applicable frameworks and conducting data gap analysis, as well as preparation of the 2022 ESG report.