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Eyes on Data: Improving ESG Reporting with Established Industry Standards

Wed, May 15, 2024
By John Bottega, President, EDM Council Published on TDAN.com In today’s rapidly evolving corporate landscape, environmental, social, and governance (ESG) reporting has become a focal point for organizations aiming to demonstrate their commitment to sustainability and responsible business practices and comply with a growing roster of regulations. As companies navigate the complexities of ESG reporting, they increasingly seek guidance on how to effectively manage and disclose ESG-related information. However, with the surge in demand for credible, externally assured ESG disclosures comes the challenge of effective data management. Fortunately, established industry standards offer valuable frameworks that can be leveraged to streamline ESG reporting processes and enhance data quality: the EDM Council’s DCAM data management best practices and the Committee of Sponsoring Organizations of the Treadway Commission (COSO) guidance for ICSR...

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