CorporateMOM ~ KPMG ESG Maturity Report – Road to Readiness
Recommends SOS Governance Due Diligence – Forward Thinking
I quote KPMG Report on ESG Assurance – CCPs – Critical Control Points
KPMG surveyed senior executives and board members with ESG reporting and assurance knowledge at 750 companies across industries, and global regions, with a mean revenue of US$15.6B.
66% of respondents say their firms must now report ESG data or will be required to soon.
Only 25% of companies feel they have the ESG policies, skills, and systems in place to be ready for ESG assurance.
65% of leaders see digital tools as key to being ready to obtain ESG assurance.
58% Of those least ready for ESG assurance, say it is challenging to balance ESG assurance goals with the profit expectations of shareholders.
Only 27% of companies have robust policies and procedures to support the development of their ESG disclosures.
Only 26% of companies have a clear audit trail to support their non-financial information.
CorporateMOM looks into the KPMG Report and analyses on two factors:
1. A case study on Investor/Investee companies, and
2. Why CorporateMOM recommends SOS Governance Due Diligence is a necessity in Forward-thinking.
KPMG looks at the Readiness of companies to the demands of ESG Governance. KPMG Report is of great quality. Adding value to it CorporateMOM finds it a pleasure.
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