As global attention on climate change intensifies, companies must brace themselves for increasingly stringent carbon emissions controls. With new regulations seemingly inevitable, reliable environmental, social and governance (ESG) and carbon emissions reporting is more important than ever.
While some may doubt the immediacy of these changes in the U.S., trends emerging from Europe suggest that the time to act is now. Global regulations like the Corporate Sustainability Regulatory Directive (CSRD) in Europe can still apply to U.S. companies, so organizations need to be ready and adapt.
This article outlines five essential strategies companies can employ to prepare for compliance effectively and reduce risk to their operations and business objectives.