Companies\u2019 and organizations\u2019 activities are no longer viewed through a financial lens only.<\/p>\n\n\n\n
Financial reporting only covers approximately 20% of the value of a company.<\/p>\n\n\n\n
Non-financial reporting is not up to the standard that financial reporting has attained with IFRS adoption and assurance thereof.<\/p>\n\n\n\n
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The quality of ESG reporting needs to be of the same quality and rigor of preparation, and on an equal footing as financial reporting, with the same level of scrutiny.<\/strong><\/p>\n\n\n\n The UN Sustainability Development Goals (SDGs) need to be embedded in the company\u2019s \/ organization\u2019s business model and sustainability strategy.<\/p>\n\n\n\n It is imperative to show the impacts of \u2018E\u2019, \u2018S\u2019 and \u2018G\u2019 in the financial condition, operating performance, and risk profile of a company \/ organization.<\/p>\n\n\n\n Both the positive and negative aspects of the \u2018triple dimensions\u2019 – economy, society, and environment \u2013 with a strategic intent to enhance the positives and mitigate the negatives, need to be reported on.<\/p>\n\n\n\n ESG is a key acronym that needs to be authentically followed, and not be used as a market exploitation exercise.<\/p>\n\n\n\n Time is a limiting factor and is \u2018not on our side\u2019!<\/strong><\/p>\n","protected":false},"template":"","class_list":["post-1657","specialist-advisory","type-specialist-advisory","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/ksa.com.gr\/index.php\/wp-json\/wp\/v2\/specialist-advisory\/1657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksa.com.gr\/index.php\/wp-json\/wp\/v2\/specialist-advisory"}],"about":[{"href":"https:\/\/ksa.com.gr\/index.php\/wp-json\/wp\/v2\/types\/specialist-advisory"}],"wp:attachment":[{"href":"https:\/\/ksa.com.gr\/index.php\/wp-json\/wp\/v2\/media?parent=1657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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