While environmental, social and governance initiatives have been on board agendas for several years now, a new wave of ESG regulations aimed at increasing corporate accountability and improving transparency for investors and stakeholders make it imperative that companies are proactive in monitoring their ESG regulatory risks to remain competitive.

New and prospective global ESG regulations are increasingly requiring corporates to report on non-financial aspects of their businesses, marking an emerging global shift towards compulsory climate and supply chain reporting.