ESG Book

Each week, we collect the top #ESG and #climate stories to keep you updated and informed on the latest developments in #sustainablefinance. Here are some of the #headlines that have caught our eye this week: ✳️ Study: ESG Reporting Software Spend Tipped to Quadruple to $5.6bn by 2029 – BusinessGreen https://lnkd.in/dv62gs-b ✳️ IOSCO Launches Network to Support Emerging Markets in Adopting ISSB Sustainability Standards – ESG News https://lnkd.in/dzJpwJ76 ✳️ UK Advisory Committee Calls for Adoption of IFRS Sustainability Reporting Standards – ESG Today https://lnkd.in/dWuN6uKy ✳️ Executive Pay Plans in Europe Increasingly Linked to ESG Goals – Personnel Today https://lnkd.in/gJHaHHtK ✳️ Seven Quiet Breakthroughs for Climate and Nature in 2024 You Might Have Missed – BBC https://lnkd.in/g5uhMeeg #WeekInESG #Sustainability #NewsReview

𝗚𝗿𝗲𝗲𝗻 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗟𝗲𝗮𝗱𝘀 𝗶𝗻 𝗘𝗨 𝗧𝗮𝘅𝗼𝗻𝗼𝗺𝘆 𝗥𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴. In our new study of 1,000 European companies, we track EU Taxonomy alignment across turnover, capital expenditure, and operational expenditure. ➡️ In 2023, average taxonomy-aligned turnover reached 10% (up from 8% in 2022), while CapEx and OpEx increased to 14% and 10%, respectively, compared to the prior year's 12% and 9%. ➡️ France, Germany, and Italy lead in terms of having the highest number of companies with taxonomy alignment over 30%. ➡️ Though steady progress is made from 2022 to 2023, significant sectoral and regional gaps remain. Our findings underscore the need for more dynamic strategies. Through ESG Book’s disclosure platform, we are enhancing transparency and collaboration in the advancement of sustainable finance. Find out more here: www.esgbook #EUTaxonomy #ESGReporting #Report Inna Amesheva, PhD Aishwarya Shukla Molly Porter

Each week, we collect some of the top #ESG and #climate stories to keep you updated and informed on the latest developments in #sustainablefinance. Here are some of the #headlines that have caught our eye this week: ✳️ New Study Reveals How ESG is a Growing Factor in Global Trade & Supply Chain Resilience – Thomson Reuters https://lnkd.in/edY55_QW ✳️ 85% of Investors Say Greenwashing is a Growing Problem: EY Survey – ESG Today https://lnkd.in/erZG7tDG ✳️ Data Shortfall Undermines ESG Investment, Asset Managers warn – Financial Times https://lnkd.in/eebgwQaV ✳️ Net-Zero Asset Owner Alliance Calls For Mandatory Scope 3 Disclosure – ESG News https://lnkd.in/eyVPgqTs ✳️ 55% of Firms Face Challenges with CSRD Data Quality – FinTech Global https://lnkd.in/eAxswJTr #WeekInESG #NewsReview #Sustainability

Last month, EU Commissioner Ursula von der Leyen announced plans to streamline the European Union's sustainability disclosure rules. The EU’s sustainable finance agenda is built on a foundation of corporate reporting regulations including the #CSRD, EU #Taxonomy and the #CSDDD. While many concepts are common across these regulations, reporting obligations are “often overlapping”. In a bid to reduce administrative burden, legislators will now consider consolidating these distinct rules into an omnibus regulation set to be published in 2025. To learn more about the EU’s streamlining of corporate #sustainability reporting, and other global developments across the regulatory landscape, register at ESG Book to receive our monthly Policy Digest. Signing-up is quick and easy, and gives you access to the latest policy updates and the Reporting Exchange, the world’s largest database of sustainability standards and indicators. Visit: https://lnkd.in/efc8MBV9 #PolicyDigest #Newsletter #SustainableFinance

𝗛𝗮𝗿𝗺𝗼𝗻𝗶𝘀𝗲𝗱 𝗘𝗦𝗚 𝗥𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗚𝗮𝗶𝗻𝘀 𝗠𝗼𝗺𝗲𝗻𝘁𝘂𝗺 This month’s ESG Book Policy Digest highlights key strides toward harmonised ESG reporting, with a focus on interoperability, streamlined regulations, and transparency. Key updates include IOSCO’s push for consistent transition plan disclosures to combat greenwashing and the EU’s efforts to unify #ESG regulations by 2025. In North America and the UK, enhanced climate disclosure regimes and stewardship codes are taking shape, while Asia-Pacific and Africa see countries like Pakistan, Tanzania, and China adopting #ISSB-aligned standards. These advancements echo ESG Book’s mission to drive data integration, helping businesses adapt to evolving standards with greater clarity and accountability. Read more: https://lnkd.in/e6dVDHYJ #PolicyDigest #Sustainability #Newsletter Aishwarya Shukla Molly Porter Inna Amesheva, PhD

Each week, we collect some of the top #ESG and #climate stories to keep you updated and informed on the latest developments in #sustainablefinance. Here are some of the #headlines that have caught our eye this week: ✳️ Only 42% of Companies Disclosing on CSRD this Year Fully Confident in Meeting Sustainability Reporting Requirements: PwC Survey – ESG Today https://lnkd.in/e5avtg3A ✳️ The Critical Role of ESG and Due Diligence in Building a Sustainable Supply Chain – Thomson Reuters https://lnkd.in/eEudnvAM ✳️ EU Delays Deforestation Regulation Implementation by One Year but Discards Changes – ESG News https://lnkd.in/d7eVKdqW ✳️ PE Firms at Risk of ESG Litigation, Says Travers Smith – New Private Markets https://lnkd.in/e92r3KCK ✳️ More Than a Quarter of Fashion Pact Fail to Set Basic Climate Targets – Financial Times https://lnkd.in/dBP9MzyC #WeekInESG #Sustainability #NewsReview

𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗗𝘂𝗲 𝗗𝗶𝗹𝗶𝗴𝗲𝗻𝗰𝗲 𝗗𝗶𝗿𝗲𝗰𝘁𝗶𝘃𝗲 (𝗖𝗦𝗗𝗗𝗗). #CSDDD focuses on ‘sustainability due diligence’, outlining steps companies must take to manage social and environmental risks throughout their value chains. While EU member states have until July 26, 2026, to transpose it into national law, full implementation will occur between 2027 and 2029, depending on company size. Once in effect, large companies (1,000+ employees and €450M+ global turnover) operating in the European Union must legally embed social and environmental considerations across their operations, including corporate governance. Crucially, this obligation extends to suppliers' activities, regardless of their size. As regulations such as CSDDD take effect, they will transform how companies and financial institutions oversee supply chains, setting new global standards for #sustainability and #compliance. Stay ahead with ESG Book’s centralised platform - streamlining the collection, verification, and management of supply chain data, turning fragmented reports into actionable insights. Visit: www.esgbook.com #SupplyChains #ESGRegulation #Infographic

𝗘𝗦𝗥𝗦 𝗿𝗲𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗳𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗼𝗻 𝗘𝗦𝗚 𝗕𝗼𝗼𝗸. ESG Book now supports seamless #ESRS reporting, fully aligned with EFRAG guidance and material topic selection. The platform ensures interoperability with major sustainability frameworks - #ISSB, #GRI, #SFDR, #SASB, and #TCFD - through smart data mapping and automated pre-fill features for climate metrics. Key benefits for corporates: ✅ Companies have full control over their data sharing. ✅ Ability to disclose to multiple stakeholders in one platform. ✅ Free of charge for disclosing entities. ✅ Pre-fill historical data. ✅ Interoperability with other frameworks. This streamlines disclosure, cuts reporting efforts, and enables seamless data sharing with multiple stakeholders - all through one powerful solution. Sign-up here: https://lnkd.in/e7KFdg-v #CSRD #ESGReporting #Regulation

While half of companies see the EU’s Corporate Sustainability Reporting Directive (#CSRD) as a catalyst for strategic value creation, 55% anticipate challenges in maintaining data quality and consistency, and 45% express concerns about having sufficient resources to meet the directive’s requirements. Those are among the key findings of a new PwC report which highlights the significance of the CSRD, noting that it will elevate #sustainability #reporting to the same level of rigour as financial reporting. However, out of 27 member states and 3 EEA countries, only 14 countries have so far successfully transposed the CSRD into national law, creating ongoing uncertainty for companies. Get the latest reporting insights and alerts on CSRD developments with ESG Book’s Reporting Exchange, the market’s leading tool to navigate the fast-changing #regulatory landscape. Visit: https://lnkd.in/e_KhqSv3 #ESGReporting #CSRDTracker #Map

🌏 𝗔𝗱𝗮𝗽𝘁𝗶𝗻𝗴 𝘁𝗼 𝗮 𝗡𝗲𝘄 𝗘𝗿𝗮 𝗼𝗳 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻. The regulatory landscape for supply chain due diligence has evolved significantly, especially within the EU. Stricter legislation, including the EU Corporate Sustainability Due Diligence Directive (#CSDDD) and the EU Deforestation Regulation (#EUDR), along with similar laws in Canada and Australia, is reshaping corporate accountability. As these regulations take effect, they will transform how companies and financial institutions oversee supply chains, setting new global standards for #sustainability and #compliance. Stay ahead with ESG Book’s centralised platform - streamlining the collection, verification, and management of supply chain data, turning fragmented reports into actionable insights. Visit: www.esgbook.com #SupplyChains #Climate #Platform