The Case for Transparency Reports in the Financial Sector: Strengthening ESG Strategies
Published on: 28 October 2024
In an era where financial institutions are increasingly driven by Environmental, Social, and Governance (ESG) considerations, focusing solely on financial reports leaves a critical gap in understanding the full scope of risk and opportunity. According to a recent CDP report, 85% of financial institutions now rely on ESG ratings to shape their strategies and manage assets, but without robust non-financial data, they’re still missing a key piece of the puzzle. For financial institutions transparency reporting is that piece.