Although standards are still being sorted, ESG reporting has become an important governance and sustainability topic with 86% of companies in the S&P 500 publishing these types of reports.
When disruptive events hit, having ESG policies in place facilitates swift and precise decisions and actions to direct resources, minimize environmental impacts and proactively keep employees, customers and suppliers safe.
Corporate governance policies should be in place that enable transparent communications to keep all stakeholders updated with appropriate information.
As organization leaders and corporate boards continue to develop the ESG measurements and methods most relevant to their business, incorporating them into their business readiness planning will ensure responsiveness and resilience when disruption hits.
