The incorporation of technology is taking the corporate world by storm. Let's find out how it is influencing the ESG scene.
As environmental, social and governance (ESG) factors are becoming increasingly important considerations for investors and companies alike, the intersection of digitalization and ESG has become a hot topic in the business world.
The shifting demands of consumers and investors for greater transparency and accountability has led to a growing number of regulations and frameworks – such as the International Financial Reporting Standards (IFRS) developed by the International Sustainability Standards Board (ISSB) – being adopted and mainstreamed over the years. The regulatory push is coming from all angles and levels, including from the international, regional, commercial and industry-specific spheres.