Global Report: 2024 ESG Practitioner Survey
The 2024 ESG Practitioner Survey reveals that a majority of companies are planning to comply with the EU's Corporate Sustainability Reporting Directive voluntarily.
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Rhea-AI Summary
The 2024 ESG Practitioner Survey reveals that a majority of companies are planning to comply with the EU's Corporate Sustainability Reporting Directive voluntarily. The report highlights increased involvement of internal teams in ESG reporting processes, importance of obtaining assurance over ESG data, and the growing investment in technology for collaboration among reporting teams.
Positive
81% of companies are planning to voluntarily comply with the EU's Corporate Sustainability Reporting Directive, indicating a proactive approach towards sustainability reporting.
88% of respondents believe that obtaining assurance over ESG data increases the likelihood of a company achieving its goals, emphasizing the value of reliable ESG reporting.
92% of companies are investing in technology to enhance collaboration among reporting teams, showcasing a commitment to improving efficiency and accuracy in ESG reporting processes.
Negative
- None.
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NORTHAMPTON, MA / ACCESSWIRE / April 30, 2024 / Workiva
New Survey Finds Companies Planning to Voluntarily Comply With the CSRD
Released today, the 2024 ESG Practitioner Survey polled more than 2,000 people involved in corporate reporting, including sustainability, finance and accounting, and internal audit professionals across North America, Europe, and Asia. Highlights from the report include:
81% of companies not subject to the European Union's Corporate Sustainability Reporting Directive still intend to comply.78% of practitioners say three or more internal teams are involved in their company's ESG reporting processes, up from71% in 2023.88% of respondents agree obtaining assurance over ESG data increases the likelihood that a company will achieve its goals.92% of companies are investing in technology to improve collaboration among reporting teams.
Commissioned by Workiva, the ESG Practitioner Survey is an annual survey conducted by an independent research firm to assess practitioners' alignment on the challenges and opportunities facing corporate sustainability, including global regulation, integrated reporting, and generative AI.
Visit www.workiva.com/2024-ESG-survey to learn more.
View additional multimedia and more ESG storytelling from Workiva on 3blmedia.com.
Contact Info:
Spokesperson: Workiva
Website: https://www.3blmedia.com/profiles/workiva
Email: info@3blmedia.com
SOURCE: Workiva
View the original press release on accesswire.com
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