ESG Reporting

ESG metrics and information are important in today's business world. This is because stakeholders such as investors, regulators, employees, and customers are scrutinizing them more closely.
Companies are increasingly recognizing the importance of ESG data, as stakeholders base crucial decisions on it. They want the information to be reliable, provable, and comparable. This is necessary to meet both legal and voluntary reporting requirements.
Yet, crafting effective ESG reporting remains a significant challenge for many organizations. There are many ESG metrics, and they differ based on industry, company size, and complexity. Additionally, there exists a multitude of global measurement and reporting frameworks. At Kiwa we have the expertise to guide you through the complex process.

Global reporting standard: measuring stakeholder capitalism

The World Economic Forum (WEF) introduced the ‘Measuring stakeholder capitalism’ metrics. These metrics pave the way towards consistent reporting of sustainable value creation and, in the end, a unified global reporting standard.
The metrics are based on global best practices. They include things like carbon footprint, renewable energy, climate risk, diversity, and more. There are a total of 21 metrics. Their applicability across sectors makes their implementation relatively straightforward.

The Impact of Thorough ESG Reporting

Comprehensive, precise, and transparent ESG reporting benefits all stakeholders. These new metrics provide enhanced consistency, transparency, and comparability, playing an increasingly pivotal role in investor decision-making.
They help your company better anticipate risks such as climate change, workforce shortages, and supply chain disruptions. When customers trust you more, they will use your products and services more. Good employees will want to work for you. Additionally, you'll become more appealing to investors.