Sustainability Reporting & Data Collection Strategies Outlook 2024
Sustainability reporting poses one of the most significant challenges for sustainability practitioners today. The regulatory need to report – and what data needs to be reported – continues to grow, with more and more companies facing such requirements.
Using exclusive, proprietary data and insights from more than 3,000+ business professionals, Reuters Events Sustainable Reporting and Data Management Report outlines how businesses are adapting to sustainability reporting and data collection requirements and the investments they’re making to ensure their business complies with incoming reporting regulations.
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Industry Leaders Key takeaways include:
- Investigating today’s sustainability reporting strategies – organisations looking to report on Scope 3 emissions with assurance should take into consideration the resourcing and collaboration required to do so, with the majority of respondents spending in excess of $100,000 per year on their reporting function
- Sustainability reporting trends 2024-2027 – nearly two-thirds of respondents expect sustainability reporting-related investments to go up between 6-20% over the next three years, whilst a further 25% expect such investments to increase by more than 20%
- The sustainability practitioner’s buyer’s guide – internal barriers to investment were most cited by our respondents, particularly around cost and uncertainties around ROI of reporting tools, due to the challenges around articulating ROI of such technologies
- Chartbook: How European and North American organisations are strategising for sustainability reporting – see responses to our survey segmented by region respondents operate in and responses to questions against the net average across our entire sample
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Best,
Alexia
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