The 3 trends putting pressure on companies to begin ESG Governance reporting

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CNBC: For public companies that haven’t yet committed to ESG reporting, it can be hard to know where to start. But the increasing pressure to participate—from regulators, politicians and investors— should leave no question about when to start: If you aren’t reporting ESG metrics yet, you are already behind.

A new report by the Nasdaq ESG Advisory Practice captures research on the ESG reporting trends of 800 leading global companies.

“Then I wished to know the truth about the fourth beast, which was different from all the others, exceedingly dreadful, with its teeth of iron and its nails of bronze, which devoured, broke in pieces, and trampled the residue with its feet.” Daniel 7:19 

“The right time to start ESG reporting was yesterday” says Meagan Tenety, Senior Lead ESG Advisor at Nasdaq, who lead the report. “Today, if you don’t already have something in place either from a regulatory or shareholder’s perspective, you are at risk of being left behind.” The risk is particularly acute for small- and mid-cap companies, Tenety says. “We’re seeing a dearth in disclosure among a lot of companies under a $10 billion market cap.

If these companies grow a little bit over the next couple of years, they could be in rough waters, particularly with investors. Read More