Dreamix’s Post

ESG REPORTING: THE KEY TO SUSTAINABLE TRANSFORMATION FOR CORPORATIONS 📝 Hello, LinkedIn Fam! 🌍 Last time, we had a great conversation about how ESG (Environmental, Social, and Governance) factors can drive sustainability transformation for corporations. Today, let's dive deeper into the world of ESG reporting and explore how it can help corporations achieve sustainability transformation and become good corporate citizens. 🫱🏻🫲🏽 ESG reporting is all about collecting and disclosing information related to ESG factors such as carbon emissions, social impact, and corporate governance. But why is ESG reporting essential for corporations to attain sustainability transformation? Here are some reasons: 🌟 Improved transparency: ESG reporting helps corporations increase transparency and accountability. It enables stakeholders to evaluate the corporation's performance on ESG factors and holds them accountable for their actions. This can help corporations build trust with stakeholders and improve their reputation. 🌟 Better risk management: ESG reporting can help corporations identify and manage ESG-related risks. By measuring and monitoring ESG factors, corporations can identify potential risks and take action to mitigate them. This can help corporations avoid costly damages to their reputation and financial performance. 🌟 Increased investor confidence: ESG reporting can help corporations attract investors who are increasingly interested in ESG factors. By disclosing their ESG performance, corporations can demonstrate their commitment to sustainability and attract investors who align with their values. 🌟 Competitive advantage: ESG reporting can provide corporations with a competitive advantage. By incorporating ESG factors into their strategies and reporting on their performance, corporations can differentiate themselves from their competitors and attract customers who value sustainability. In conclusion, ESG reporting is an essential tool for corporations to achieve sustainability transformation. It helps corporations increase transparency, manage risks, attract investors, and gain a competitive advantage. By incorporating ESG factors into their strategies and reporting on their performance, corporations can become good corporate citizens and contribute to a more sustainable world. Let's make this positive impact together! 🌿 Remember, staying sustainable is not just a trend but a way of life. #linkedinfam #sustainabilty #sustainabilitymatters #corporations #esgreporting #transformation

Who are you measuring your impact for? A recent survey found that only 11% of customers even know what ESG is, let alone what it actually means for a business! ESG measurement has largely become a “have to do” so that you don’t end up on the naughty list with investors and stakeholders and your business can be compared using some incomparable metrics! Im not debating the need to measure impact but surely it should be done in a way that your customers, shareholders and society can actually relate to? Is impact measurement a “have to do” or “want to do” for your organisation?

Strengthen investor confidence with robust sustainability data! Deloitte's latest research highlights the impact of transparent ESG reporting on investor trust and valuation. #ESGInvesting #SustainableFinance #BusinessStrategy https://deloi.tt/3HX3PRY

The relationship between CFOs and CSOs is pivotal in addressing ESG and climate initiatives effectively. Ideally, these decisions should be collaborative, considering both financial prudence and long-term sustainability. Your questions highlight crucial areas: 1️⃣ Collaboration is key. CSOs bring expertise in sustainability and should indeed play a significant role in deciding the fate of ESG initiatives. 2️⃣ Cutting ESG investments purely for cost reduction could expose the company to risks, both legal and reputational. Boards should be well-informed about these implications and prioritize long-term success. 3️⃣ Meeting NDCs, Net-Zero targets, and GHG emissions disclosure requirements are fundamental to a company's commitment to sustainability. Cutting funding could jeopardize these goals.

ESG is one of the leading conversations in the world of governance. It is a naturally intense and heavy topic for any business to discuss. So how exactly can you develop the right governance strategies to prepare for it? Ultimately, rather than viewing ESG as one homogenous void, it’s wise to separate the E, S and G to develop more refined and appropriate governance strategies for each one. This will also make it easier for the business to collect employees' and customers’ desires and feelings regarding these objectives to establish more dynamic strategies in the future. #Governance #ESG

KPMG's 2024 #ESG Organization Survey is out! If, among all the noise about ESG investments within broader economic conversations, you're still curious about how companies are planning to invest, check out our infographic and full story at the link for more details.

ESG Pillars explained Investors and capital markets are rooting for investments that incorporate ESG considerations in the business. Over time the discussion of sustainability has slowly evolved to include ESG performance and accountability. With the requirements that organisations adopt ESG reporting framework, ESG data collected in the process will help in identification of risk-adjusted returns in addition to highlighting capital opportunities. The Three Pillars of ESG E – Environment – Denotes how companies manage their environmental impact that has far-reaching consequences on society and the planet. S – Social – Denotes how a company fosters its people and contributes to the inclusive growth Their inclusivity and diversity will pave the way for a sustainable future. G – Governance – Denotes how companies can stay compliant, ensuring transparency and industry best practices, and dialogue with regulators. It also points to the internal system of controls, practices, and procedures to govern and make effective decisions. Sustainable Practices & ESG: Intersections Where does ESG and sustainability intersect and overlap? CPA Dr. C. Njoka

Some interesting implications to reflect on here... Of the 1,000 of CFOs surveyed, ESG was voted as the joint top long-term priority. But… more than a third said they would cut short-term investments in this area if needed (more than any other category covered in the survey!). This potentially suggests there is still a ‘gap’ between companies’ sustainability aspirations on the one hand, and a deep understanding of how these aspirations relate to companies’ bottom line on the other. For some companies, these risk / opportunity relationships will be obvious; but for others it is important to undertake rigorous analysis to identify and articulate what matters when it comes to a business’ ability to generate value now and in the future – and what does not. #ESG #CFO #materiality #sustainabiltiy #risk #valuegeneration https://lnkd.in/dSyHvBWd

How does ESG link to higher value creation for organizations? McKinsey published a thought-provoking article that sheds light on how ESG links to value creation and how organizations should consider these five levers when approaching ESG. A strong ESG proposition links to value creation in five important ways: (1) facilitating top-line growth (2) reducing costs (3) minimizing regulatory and legal interventions (4) increasing employee productivity (5) optimizing investment and capital expenditures. https://lnkd.in/d7svCUFv #ESG #cashflow