NASHUA,
N.H., July 15, 2024 /PRNewswire/
-- Twenty-three percent of organizations are producing
Environmental, Social, and Governance reports today, with adoption
higher in EMEA and within large and very large organizations,
according to the Dresner Advisory Services 2024 Wisdom of
Crowds® Environmental, Social, and Governance
Reporting Market Study.
Environmental, social, and governance (ESG) reporting attempts
to capture in a structured way the potential impacts that
environmental and social factors may have on the financial
sustainability of an organization. It includes the data, tools,
processes, and standards used in preparing non-financial reports
that reflect an organization's impact on the planet and people both
inside and outside the organization, and its approach to running
and governing the organization.
The 2nd annual Dresner ESG Market Study report
examines market requirements and priorities, specifically
considering current adoption and importance, ESG reporting
standards, responsibility, sourcing, and top functionality
requirements.
In 2024, with most regulators having finalized ESG reporting
standards, the focus shifts to implementation timescales, with
distinct geographic splits emerging.
The study shows that despite low levels of adoption there is good
overall awareness of ESG reporting, and 57 percent of respondents
regard it as critical, very important, or important.
"Our ESG market study identifies attitudes towards ESG reporting
across the globe, organizations' levels of preparedness, which
standards are being adopted, and the varying approaches for
deploying ESG reporting. This provides a valuable resource to
organizations attempting to navigate the evolving, complex, and
varied requirements for ESG reporting," said Howard Dresner, founder and chief research
officer at Dresner Advisory.
Wisdom of Crowds® research is based on data collected
on usage and deployment trends, products, and vendors. Users in all
roles and throughout all industries contributed to provide a
complete view of realities, plans, and perceptions of the market.
For more information visit www.dresneradvisory.com.
About Dresner Advisory Services
Dresner Advisory
Services was formed by Howard
Dresner, an independent analyst, author, lecturer, and
business adviser. Dresner Advisory Services, LLC focuses on
creating and sharing thought leadership for Data, Analytics,
Business Intelligence (BI), Performance Management, and related
areas.
Press contact:
Danielle Guinebertiere
Dresner Advisory Services
380308@email4pr.com
978 254 5587
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SOURCE Dresner Advisory Services