Most major organizations are not changing their ESG reporting plans, despite “regulatory ambiguity”, according to a report by consultancy KPMG. The researchers say this indicates market expectations are driving action as much as legal requirements.
KPMG’s findings are supported by a further study, published on Sept. 15, by global consultancy Bain & Company. This found that half of the business-to-business companies surveyed are spending more with sustainable suppliers, while 26 percent were dropping suppliers who did not meet sustainability criteria now, and 49 percent plan to in the next three years.
