SGS ESG Whitepaper

Understanding ESG Risks and Opportunities REDEFINING YOUR JOURNEY TO SUSTAINABILITY

SGS.COM/ESGASSURANCE

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This document aims to bring awareness to the significance of ESG regulations, risks, and growth opportunities. Because ESG requirements are constantly evolving, we need to deliver assured results and report organizational performances and impacts carefully. Abstract

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REDEFINE THE JOURNEY

EXECUTIVE SUMMARY Even though sustainability reporting is becoming more widespread, many organizations are still only reporting the bare minimum. This opens these corporations to costly risks, a lack of support from shareholders, and a poor public image. To decrease these risks, companies need to prioritize ESG reporting. For corporations, investors, and rating agencies that value ESG factors, they have to manage a landscape full of challenges. Corporations face greater scrutiny from the public on their ESG performance and are also struggling with not having a standard way to report ESG activity. Investors similarly deal with a lack of standardization and are struggling to evaluate material ESG risks. Rating agencies face the challenge of providing valuable, quality >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20

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