In our increasingly interconnected world, responsible business operation continues to be critical for all industries. Transparency into sustainable operations is demanded from regulators, financial institutions, business value chains and public consumers. With a year-over-year increase in the number of companies publishing sustainability reports from 2019 to 2020, it is clear the need for sustainability data continues to grow among global corporations.
As the demand for ESG reporting grows, many companies are met with challenges when navigating the space. These challenges include extending ESG strategies and data collection to their value chain.
This white paper’s executive summary highlights the increasing demand for transparent and sustainable business practices worldwide. It emphasizes the significance of Environmental, Social, and Governance (ESG) factors in measuring sustainability and addresses challenges in ESG reporting while offering insights from ISNetworld® data analysis for improved sustainability management among contractors and suppliers.
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