The Case for Transparency Reports in the Financial Sector: Strengthening ESG Strategies

Published on: 28 October 2024

The Case for Transparency Reports in the Financial Sector
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.