The future of environmental, social, and governance (ESG), along with compliance and risk management, is an evolving landscape shaped by technological advancements, regulatory changes, and shifting societal expectations.
Technological integration in ESG and compliance
Advancements in technology are playing a pivotal role in transforming ESG and compliance practices. Artificial intelligence and machine learning are increasingly used for data analysis and predictive analytics, enabling more efficient risk assessments.
Regulatory evolution and global standards
Governments worldwide are implementing regulations around ESG. The future will hopefully see a continual push towards a more harmonized global framework, making it easier for companies to comply and be compared on their ESG performance via metrics and reporting.