Even if your business has been through sustainability reporting season before, this year presents new challenges. Many businesses are taking an increasingly mature approach as sustainability reporting shifts from a tick-box exercise to a strategic consideration. So how can your business enter this new era of sustainability reporting successfully? There are some key challenges to overcome.
Firstly, building more comprehensive, granular reports adds greater complexity and means the data gathering process becomes decentralized. As expectations increase, more colleagues become involved in the process who will need upskilling to maintain data quality.
Managing this more comprehensive style of reporting requires climate expertise, clear structure and strong communication. But when businesses are basing reporting in spreadsheets, as almost half (47%) of businesses surveyed by KPMG currently do to manage their ESG data, the lack of granularity, traceability, scaleability and reliability makes it nearly impossible.
On top of growing demands to incorporate more financial and ESG data, and deliver the granular reports that customers, investors and regulators require, many businesses need to report even earlier this time around – in many cases this means January. This webinar is here to make sure your business doesn’t miss a trick.
