Preparing for the SEC’s Upcoming ESG Climate Disclosure Requirements
The Environmental, Social, and Governance (ESG) landscape is entering a new era of climate compliance as the anticipated U.S. Securities and Exchange Commission (SEC) climate disclosure regulation takes shape. As the commission works through an unprecedentedly large number of comments – most around the topic of including or not including Scope 3 greenhouse gas emissions […]
10 ways companies benefit from a fractional Chief Sustainability Officer
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 […]
Environmental, Social, And Governance Predictions For 2023
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 […]
State of ESG It’s not just because of our industry that I firmly believe Environmental, Social, and Governance (ESG) is here to stay; across industries, geographies, and company sizes, organizations have been allocating more resources toward improving ESG performance. More than 90 percent of S&P 500 companies now publish ESG reports in some form, as […]
2022 AICPA and CPA.com Startup Accelerator Video: Meet Good.Lab
The accounting and finance profession will continue to adapt to change through regulatory compliance, task automation, blockchain, and more. In this video, hear from Good.Lab CEO Andries Verschelden how they’re innovating to enable accounting firms to stay ahead of the curve and provide client-centric services.
Understanding the Materiality Assessment – and why it’s the essential first step in your ESG journey
What is Materiality in ESG Materiality, in environmental, social, and corporate governance (ESG), refers to the business importance, financial significant, and stakeholder value of a specific ESG topic. Understanding materiality is a critical early component in crafting a lasting and successful ESG strategy for your company. The ESG Materiality Assessment is the exercise that helps your […]
The impact of the Climate Bill (Inflation Reduction Act) on mid-market companies
In case you missed it, over the weekend, the U.S. Senate passed a major climate bill known as the Inflation Reduction Act of 2022. This bill is a once in a generation opportunity for decisive action in the battle against climate change and we’re celebrating what is already being heralded as, “the single most important […]
How Private Equity Can Profitably Tap into the Full Potential of ESG
In the wake of the 2020 coronavirus pandemic, record-breaking pools of investment capital poured into ESG funds to profitably combat the planet’s intractable social and environmental problems. Now double the ESG investment is expected to mobilize in the years to come. Due to mounting pressure from limited partners to minimize risk and to align their […]
The New Role of the ESG-Focused Chief Financial Officer
The role of the Chief Financial Officer (CFO) has evolved significantly in past years to include Environmental, Social, and Governance (ESG). Gone are the days of the CFO who focuses only on accounting. Enter the ESG-focused Chief Financial Officer who is required to be fluent in environmental metrics, sustainable supply chain dynamics, and carbon accounting […]
Environmental, Social, and Governance (ESG) ratings are front and center in the news cycle these days with critique from notables like, Elon Musk labeling ESG a ‘scam’ to the Financial Times’ recently asking if ESG dead on arrival, ‘RIP ESG?’ As these ratings come under increased scrutiny from every direction, businesses get tangled in cultural […]
Why ESG performance is top of every CFOs Inbox – and what to do about it
The role of the CFO in ESG performance is changing ESG performance is rapidly becoming a critical business issue for companies of all sizes. Boards and audit committees are increasingly interested in ESG reporting, and Chief Financial Officers (CFO) are increasingly being asked to deliver ESG data to investors. As ownership of ESG reporting shifts […]
SEC proposes groundbreaking mandatory ESG and climate-related disclosures for public companies
What is the SEC climate-disclosure mandate Today the SEC proposed a groundbreaking rule for climate-related disclosures for public companies in the U.S. The agency’s commissioners voted 3-1 in favor of the proposal to report on various ESG criteria and will now open it for a period of public comment. The SEC ESG proposal mandates publicly traded […]
