With SEC reporting requirements looming on the horizon, companies are getting more serious about formalizing their Environmental, Social, and Governance (ESG) programs. Claire Feeney and Arsh Kaur from AuditBoard’s ESG team shine a light on this important new area of enterprise risk and share best practices for building an audit-ready ESG program in preparation for upcoming SEC requirements, including:
- The ESG Program Management Lifecycle: 7 key steps including conducting a materiality assessment, selecting frameworks and/or topics, collecting data and metrics, and auditing the data and preparing the report.
- Four key competencies for ESG success: factors to consider when building an ESG program.
- ESG Maturity Landscape: best practices for growing your own organization’s ESG maturity.