Sustainability and ESG

Sustainability is moving beyond a voluntary agenda and becoming increasingly integrated into business management and value creation.

Regulations such as the European Union’s CSRD and standards such as IFRS S1 and IFRS S2 are driving greater transparency around risks, opportunities, and impacts related to environmental, social, and governance (ESG) factors.

While the CSRD incorporates a double materiality approach, IFRS S1 and S2 focus on sustainability and climate-related factors that may affect business prospects.

Together, these developments reinforce the need for companies to integrate sustainability into their strategy, governance, risk management, metrics, and decision-making.