ESG Reporting

The importance of ESG performance is increasing due to new regulatory requirements, an evolving ESG reporting landscape, shifting stakeholder expectations and pressure from investors.

Technical Line - How the climate-related disclosure proposals from the SEC, EFRAG and ISSB compare

Our Technical Line has been updated to reflect recent developments, including the submission by the European Financial Reporting Advisory Group (EFRAG).

The terms ESG, sustainability and corporate social responsibility (CSR) often are used interchangeably, and disclosures are broken up into three categories.

1 Environmental: includes issues focused on climate risks, carbon emissions, energy efficiency, use of natural resources, pollution and biodiversity

2 Social: includes issues focused on human capital, labor regulations, diversity, DEI, safety, human rights and community involvement

3 Governance: includes issues focused on board diversity, corruption and bribery, business ethics, compensation policies and general risk tolerance

ESG metrics that encompass those three areas provide an additional lens for investors reviewing and evaluating company assets. These factors help identify emerging opportunities to manage long-term investment risks.

From a business perspective, ESG reporting is important to demonstrate how corporate purpose is brought to life and supports creating long-term value. It can also strengthen corporate reputations and trust with stakeholders. Increased regulations and consistency related to ESG disclosures is strongly supported by users and preparers.

Investors, as the users of ESG reporting, place greater importance on requiring consistent and mandated standards than finance leaders do as preparers. In fact, 89% of investors surveyed in the 2021 Institutional Investor Survey would like reporting of ESG performance measured against a set of globally consistent standards a mandatory requirement, but this decreased to 74% of finance leaders surveyed in the 2021 Corporate Reporting Survey.

To the Point - SEC adopts rules requiring registrants to disclose certain climate-related information

The rules are intended to provide consistent, comparable and reliable information to investors about how a registrant has addressed its climate-related risks.

Our latest thinking on ESG Reporting

How can CFOs uncover the material among the immaterial

The EY Global Corporate Reporting Survey finds a significant reporting disconnect with investors on ESG disclosures. Learn more.

20 Dec 2023 Myles Corson

Corporate Sustainability Reporting Directive: the rush to get ready

For US-based companies doing business in the EU, getting CSRD readiness efforts underway is critical.

22 Nov 2023 Brian Tomlinson

How CSRD regulations embrace circular economy principles

Discover how the EU's CSRD addresses Circular Economy and Resource Use, and how companies can prepare for more circular strategies and disclosures.

26 Sep 2023 Brian Tomlinson + 2

How enhanced internal controls lay the foundation for ESG reporting

Companies may need to enhance internal control governance for sustainability reporting.

19 Sep 2023 EY Americas

    The ESG Reporting team

    Kristi Chapman

    EY Americas ESG Reporting Leader and Financial Accounting Advisory Services (FAAS) Americas Integration and Growth Leader

    Helping finance leaders tackle their strategic challenges. Experienced in finance transformation and complex financial and nonfinancial reporting. Passionate advocate for women in finance.

    Dallas, USA

    Elodie Timmermans

    EY Americas Climate Change and Sustainability Services, Nonfinancial Reporting Assurance and Advisory Leader

    Sustainability advocate. Empowering leader. Enabler of credible reporting. World explorer.


    Eloise Wagner

    EY Americas Technical Accounting Advisory Group (TAAG) Leader and Enhanced Corporate Reporting and Accounting (ECRA) Leader

    Working to find practical solutions to complex financial reporting problems. Passionate about empowering diversity and flexibility in the professional world.

    New York, USA

    Kristin Sterling

    Partner, US-West ESG Reporting Leader, Climate Change & Sustainability Services, Ernst & Young LLP

    Credible reporting thought leader. Sustainability enthusiast. Avid learner. Human, animal and plant mom.

    Los Angeles, USA

    Brian Tomlinson

    Managing Director, Environmental, Social and Governance, Ernst & Young LLP

    Executive, thought leader and speaker focused on ESG, sustainability and long-term value. Former attorney with 20 years of experience in law, financial services, public policy and sustainability.

    New York, USA

    Lucy Godshall

    Principal, Climate Change and Sustainability Services, Ernst & Young LLP

    Sustainability and ESG advisor with 10+ years of experience helping companies to establish and evolve their ESG strategies, driving transformative change and long-term value creation.

    Boston, USA

    The Sustainability Matters podcast

    The Sustainability Matters podcast provides leading trends and practical advice around environmental, social and governance issues and opportunities facing businesses today.

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