Companies in the United States are beginning to shift from commitment to action when it comes to environmental, social, and governance (ESG) issues to address stakeholder concerns and pending regulations, according to a report from Deloitte.
Businesses are taking that next step by implementing working groups and staff led by executives such as chief sustainability officers, chief financial officers, and chief strategy officers. They are investing in new technologies and data, and nailing down accurate reporting. Nearly 100% of the companies that responded to the Deloitte survey said they were going to invest in new technologies and other tools throughout the next year, as access to quality data and overall ESG preparedness can also create value and help address growing stakeholder demands.
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