We are often asked what evidence exists to demonstrate the value strong ESG performance brings to a business. A recent McKinsey study, ‘The triple play: Growth, profit, and sustainability’ 1 is a good example, outlining an evidence based case for ESG driving shareholder returns, demonstrating the commercial value of pursuing financial performance in a way that effectively addresses environmental, social and governance factors.

Undertaking a ‘Double Materiality Assessment’ is one of the most insightful, informative and important actions a company can take.

The results will set your business up for success, arming you with a deep understanding which topics are most important to your stakeholders and therefore your business.

the FRC’s (Financial Reporting Council) recently published a consultation paper on proposed changes to the UK Corporate Governance Code. Here are 5 headline (proposed) changes within the Code that directly relate to ESG matters.

The world of ESG loves an acronym and just as you think you have got your head around them all, another one makes an appearance.

This is especially evident when it comes to legislation and ESG reporting. There are differing opinions as to whether the increasing volume of ESG reporting legislation is an effective way to ultimately drive positive change with some arguing that the resulting ‘reporting burden’ takes time away from actually implementing change. On balance however, we see this as good news; each piece of new legislation brings with it guidance (and therefore clarity) on how companies need to approach the societal and environmental risks and opportunities they face.

A recent study by Boston Consulting Group and Insead found that 64% of directors expect institutional investors to put forward new ESG-related proposals at their next annual general meeting but as many as 70% of directors reported that they are only moderately or not at all effective at integrating ESG into company strategy and governance.