While 78% of Executives believe that ESG efforts have an impact on a company's brand and reputation, only 48% believe it affects a company's bottom line, according to the survey, which was featured in the fore- first with Hfrance.fr before its publication. Wednesday.
About 28% of respondents said they didn 't haveNot everyone was confident that their organizations had “mature and well documented” ESG capabilities. Another 30% said they had minimal confidence in their company's ESG programs. Only 9% were very confident.
Many non-binding ESG frameworks have been published by business associations and intergovernmental bodies, but regulators of large economies such as the United States States and the European Union have yet to implement comprehensive and harmonized standards for making commitments and
" Many sustainability programs are published on the back of a spreadsheet and a prayer "said Matt DiGuiseppe, vice president of research and ESG at Diligent Corporation, a corporate governance software company that participated in the survey.
More than half of those questioned said they took ESG indicators into account for certain investments made by their company.
Around 32 % of respondents said they plan to base executive compensation on ESG factors, while 20% said they already do.
The survey respondents were mainly based in the United States and Europe. About two-thirds of them had a role in the management and reporting of ESG or ESG policies. Reportage by Jessica DiNapoli in New York Edited by Nick Zieminski
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