REGULATION AND INVESTIGATIONS
Our research also found that 30% of companies across the G20 expect to be investigated by regulatory or government bodies in the next 12 months on their sustainability and ESG practices.
Potential sustainability regulation, coupled with the universal drive to increase ESG commitment, is in turn placing companies under increasing burden and scrutiny. Over a third of G20 companies say they are under extreme pressure to improve in the area of ESG, whilst only 13% believe their sustainability and ESG practices are meeting expectations in all areas.
Overall, our research paints a picture of the vast majority of companies investing more in ESG efforts, but being equally dissatisfied with their progress or impact to date. Concerns over regulatory investigation are also considerable, though the vast majority of companies see ESG as a positive opportunity for growth.