There are increasing public concern regarding companies' ESG performance in addition to financial and operational performance. ESG reporting can help a company to manage the expectations of its stakeholders, including investors, customers, employees and the wider community, with respect to its ESG performance, communicate any strong aspects of this performance and thereby enhance the level of trust in its brand and its reputation.
ESG Reporting can have the following benefits to an entity:
• Strengthen the level of trust in and reputation of its brand
• Enhance its corporate governance and provide
better insights into and controls over environmental
and social risks
• Comply with government, stock exchange and other regulatory requirements
• Provide improvement fund-raising
opportunities in capital markets;
• Increase customer satisfaction through promoting responsible
value chains
• Improve retention of talent through focusing on employees'
growth and development
• Create shared values between the business and its wider community