KPMG: Currently, every third company feels prepared for ESG-related regulations

By: Trademagazin Date: 2024. 06. 19. 14:14

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According to the latest research from KPMG, approximately a third (29%) of companies feel they are ready for independent certification of their ESG disclosures, up from just 4% nine months ago, despite ESG reporting relevant deadlines are fast approaching. In 2025, the largest companies in the EU must already publish their sustainability reports for the 2024 business year, which must also be reviewed by experts providing independent assurance.

The international findings presented in KPMG’s annual ESG Assurance Maturity Index – which can be downloaded by anyone after completing a short ESG maturity questionnaire – are based on the responses of 1,000 senior executives and board members who shared their experiences from different industries, global regions and companies with diverse revenue.

The research assesses companies’ progress in preparing for ESG reporting and certification requirements and categorizes organizations into leading (29%), advanced (46%) and novice (26%) categories and calculates their maturity score.