GHG emissions reporting has dominated the sustainability disclosure landscape in recent years. However, that’s starting to change. As regulators and investors recognize the holistic nature of the climate crisis and its impacts on business strategy, they’re honing in on additional interrelated ESG issues. Yet despite increasing pressure, critical areas of sustainability reporting remain largely overlooked.
The regulatory landscape is quickly shifting, from the recent passage of California’s SB 253 and 261 to updates to SBTi FLAG emissions reporting. These new regulations will soon have implications for large companies doing business in the state.