business esg reporting

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8 Terms

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esg reporting

environmental social and governance reporting is an activity that businesses above a certain size must complete

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what an esg report describes

the overall impact an organisations activities have on the environment public health and the quality of life of employees

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greenwashing

when an organisation provides misleading or false information about the environmental activities goods or services of the organisation (over emphasis on sustainable practices)

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benefits of esg reporting

supports sustainable businesses

easier to track investment

reduces risk of future reputational damage

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challenges of esg reporting

could be innacurste or misleading

difficult and costly to collect and verify data

must allocate resources to prepare report

geeenwashing

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