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Companies in favour of more transparent ESG reporting

According to a poll by ICSA: The Chartered Governance Institute and governance recruitment specialist The Core Partnership, 73% of companies think that there should be more transparent reporting and disclosures about environmental, social and governance (ESG) matters. Just 16% of organisations polled are against this and an additional 11% are unsure.

Peter Swabey, Policy and Research Director at the Institute says:

“ESG has been driven higher up the boardroom agenda by the circumstances of the last year and many organisations are now focusing on environmental, social and governance issues. Just over half (56%) of companies have a separate department for ESG, while responsibility for ESG falls to the company secretarial function at a further 34%. In addition, almost a third (30%) of the organisations polled have an ESG Committee. However, some respondents still feel that ESG is not high enough on the board’s agenda and that it is seen as a stand-alone issue rather than linked to the company’s strategy and objectives.

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