{"id":134381,"date":"2025-12-13T21:20:35","date_gmt":"2025-12-13T21:20:35","guid":{"rendered":"https:\/\/www.ecoonline.com\/?p=134381"},"modified":"2025-12-13T21:20:36","modified_gmt":"2025-12-13T21:20:36","slug":"why-esg-reporting-should-matter-to-your-business","status":"publish","type":"post","link":"https:\/\/www.ecoonline.com\/en-ca\/blog\/why-esg-reporting-should-matter-to-your-business\/","title":{"rendered":"Why ESG Reporting Should Matter to Your Business"},"content":{"rendered":"\n<section class=\"Pegasus__Container w-full   relative h-fit  text-content-dark mobile-stacking-standard is-layout-flow wp-block-pegasus-container-is-layout-flow\" style=\"  padding-bottom:var(--wp--preset--spacing--30); \" >\n\t        \n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t        \t\t\n\t\t\n\t\n\t\t\t<div class=\"relative h-full is-flex-layout flex flex-col justify-start  w-full\">\n\n<p>According to an <a href=\"\/en-ca\/\">EcoOnline<\/a> survey of 124 companies, 50% see ESG reporting as simply a box-ticking exercise, while 42% admit they have not implemented an ESG reporting system. Our survey results also showed that many businesses believe that pressures to report will increase in the next two years. This is true because by the year 2025, ESG reporting will become mandatory in many areas of the globe, including Europe, North America and more.   <\/p>\n\n\n\n<p>In fact, governmental <a href=\"https:\/\/www.perillon.com\/blog\/esg-statistics\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">ESG reporting provisions<\/a> have increased by 74% over the past four years.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u00a0<\/h2>\n\n\n\n<h2 class=\"wp-block-heading has-large-font-size\"><strong>Sustainability reporting and carbon accounting should have a greater focus in your organization. Why? <\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>By 2026, certain weather events due to <a href=\"https:\/\/www.perillon.com\/blog\/esg-statistics\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">climate change may cost businesses $1.3 trillion.<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.perillon.com\/blog\/esg-statistics\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">$12 trillion worth of opportunities and 380 million new jobs<\/a> could be a plausible outcome if the United Nation\u2019s Sustainable Development Goals (SDGs) becomes a key focus of the of world\u2019s economic strategy.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.my-dayapp.com\/blog-posts\/unpacking-mckinsey-five-ways-that-esg-creates-value#:~:text=Therefore%20investing%20in%20sustainable%20and,businesses%20to%20secure%20future%20growth.&amp;text=ESG%20can%20reduce%20costs%20significantly,profits%20by%20up%20to%2060%25.\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">ESG initiatives can boost operating profits by up to 60%.<\/a><\/li>\n\n\n\n<li>According to our survey, 69% of businesses believe reporting ESG metrics results in better performance overall.<\/li>\n\n\n\n<li><a href=\"https:\/\/investingintheweb.com\/education\/esg-investing-statistics\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Over 400 companies have signed the Climate Pledge so far.<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.pwc.com\/kz\/en\/publications\/new_publication_assets\/esg-trends-in-2023-eng.pdf\">Over 60% o<\/a><a href=\"https:\/\/www.pwc.com\/kz\/en\/publications\/new_publication_assets\/esg-trends-in-2023-eng.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">f<\/a><a href=\"https:\/\/www.pwc.com\/kz\/en\/publications\/new_publication_assets\/esg-trends-in-2023-eng.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> consumers are buying from companies who are sustainable and ethical<\/a>, with a 10% increase annually.<\/li>\n<\/ul>\n\n\n\n<p>It\u2019s time to take your sustainability reporting more seriously, and stop thinking of it as just a box ticking exercise.<br\/><\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/insights.ecoonline.com\/nam\/guides\/ghg-reporting-how-to-keep-your-investors-and-the-environment-happy\/\"><img decoding=\"async\" src=\"https:\/\/www.ecoonline.com\/wp-content\/uploads\/2024\/01\/65a46220-b26d-4566-bff5-0994039927c9-12.webp\" alt=\"65a46220-b26d-4566-bff5-0994039927c9.png\"\/><\/a><\/figure>\n\n<\/div>\n\t\t\n\t        <\/section>\n","protected":false},"excerpt":{"rendered":"<p>According to an EcoOnline survey of 124 companies, 50% see ESG reporting as simply a box-ticking exercise, while 42% admit they have not implemented an ESG reporting system.<\/p>\n","protected":false},"author":2,"featured_media":134380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":"","_links_to":"","_links_to_target":""},"category":[683],"tags":[],"item-type":[724],"class_list":["post-134381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized-en-ca","item-type-article-2"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why ESG Reporting Matters to Your Business | EcoOnline CA<\/title>\n<meta name=\"description\" content=\"It\u2019s time to take your ESG sustainability reporting more seriously, and stop thinking of it as just a box ticking exercise. Learn more now!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ecoonline.com\/en-ca\/blog\/why-esg-reporting-should-matter-to-your-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why ESG Reporting Matters to Your Business | EcoOnline CA\" \/>\n<meta property=\"og:description\" content=\"It\u2019s time to take your ESG sustainability reporting more seriously, and stop thinking of it as just a box ticking exercise. 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