Ready to outrun the competition in 2025? Aligning with key sustainability priorities could be the differentiator you need. Brace yourself: 2025 is coming in hot with stricter sustainability regs, tougher supply chain demands, and investors who’ll call you out if your claims don’t measure up. The question is, will you be scrambling to catch up […]
California’s climate disclosure rules—now consolidated under SB 219 (formerly SB 253 and SB 261)—require companies doing business in the state to disclose their greenhouse gas emissions and climate-related financial risks starting in 2026. The clock is ticking for ~10,000 companies with over $500 million in revenue doing business in California. Starting in 2026, they’ll be […]
As companies work towards Corporate Sustainability Reporting Directive (CSRD) compliance, ensuring that double materiality assessments, data collection, and reporting are audit-ready is critical. Starting January 1st, 2025, CSRD compliance will be phased in. From their first report, companies must undergo limited assurance auditing by an approved third party. This requires companies to ensure their data […]
The Corporate Sustainability Reporting Directive (CSRD) is a directive by the European Union designed to make sustainability and ESG (environmental, social, governance) reporting by companies more comprehensive, consistent, and aligned with financial reporting standards. The CSRD is currently the most comprehensive sustainability reporting regulation globally. Achieving compliance will demand comprehensive and accurate reporting by certain […]
As we look to the future and a new year, the Good.Lab team curated this new list of nine key ESG trends to watch for in 2024. We can’t see into the future, but we’ll try! From ESG standards converging to renewed focus on climate risks, here are some of our best predictions for what’s […]
My Takeaways from the CPA.com ESG Symposium The second annual AICPA and CPA.com ESG Symposium brought together top ESG leaders to exchange ideas and discuss the accounting profession’s critical role within the ESG category and the growing opportunity for ESG services. The event furthered CPA.com’s efforts to enable accounting firms to understand the ESG landscape better and […]
The recently released International Sustainability Standards Board (ISSB) reporting standards for sustainability and climate-related disclosures marks a huge milestone in the evolution of global ESG and sustainability reporting. The standards are the culmination of a multi-decade effort to help companies integrate sustainability impacts into their finances, bringing order to the messy landscape of ESG disclosure […]
The growing influence of ESG is unmistakable. ESG-related assets are set to make a fifth of global assets under management by 2026. Most investors (76%) claim that they will stop investing in non-ESG products in the next two years, and 70% of US CEOs claim that their ESG program improves their financial performance. It is […]
Navigating Environmental, Social, and Governance (ESG) reporting can, at times, become a frustrating labyrinth of acronyms, surveys, standards, and ratings mixed in with hundreds of ESG criteria, which constantly change. It’s incredibly challenging to know where to start with reporting frameworks and competing ESG disclosure standards. Although ESG reporting is still in its infancy, the […]
After a two-year wait, the U.S. Securities and Exchange Commission (SEC) has officially passed a groundbreaking climate disclosure rule that sets a clear course for business sustainability efforts and provides decision-useful climate risk disclosures to investors. The finalized rule was voted through 3-2 on Wednesday, March 6th, 2024 and will require companies listed on the […]
Environmental, social, and governance (ESG) expectations are increasing rapidly. Disclosure and reporting are more pressing than ever – 90% of S&P 500 index companies now publish sustainability reports – which will likely increase under new SEC leadership. Technology industry leaders like Google, Salesforce, Microsoft, Amazon have publicly committed to ambitious targets across a range of […]
With 2022 coming to an end, Good.Lab’s ESG team has been thinking about the trends and technologies that will shape the coming year. Accordingly, we are pleased to share our 2023 ESG predictions. We expect to see a continued focus on corporate ESG and further mainstreaming of ESG reporting standards and metrics. Below, you will […]