ESG snapshot

“Every month, we talk about a new angle with regards to ESG. Given the aggressive timeframes and the sheer number of rules and regulations out there, there are 1,976 rules and regulations currently covering E, S and G, so not just ESG. And in Europe alone, there are 655 different rules.” 

Virginie O'Shea, CEO & Founder, Firebrand Research 

In this panel, our experts discuss:

• The current status of the regulatory framework for ESG across the major regions.
• The data challenges related to reporting of ESG information to regulators and clients.
• Climate risk assessment and data availability for these calculations.
• Looking into the future ESG reporting landscape.

“CSRD, which is the Corporate Sustainability Reporting Directive, is taking over from the NFRD. [...] It means that European companies will need to start the process of probably the most comprehensive collection of ESG reporting that has ever taken place.” 

Lisa Codo, Independent ESG specialist 

“The EU is pioneering in ESG reporting compared to other countries that are not so advanced. This brings a lack of alignment between different regions. As a financial institution, you need to report on unconsolidated levels. [...] This difference in the policy development creates reporting challenges for data availability and metrics for instance.” 

Shirin Ramezani-Kroes, Product Owner, Sustainability Reporting, Rabobank