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Demand for environmental, social and governance (ESG) or non-financial information continues to grow, but how it is used depends on its quality and reliability. While approaches and levels of integration vary, investors are increasingly considering this data for stewardship, screening and portfolio construction, and in some cases, even fundamental analysis. However, the maturity of ESG data still has some way to reach the robustness and credibility of financial data. For this to be achieved, companies need to take similar steps and methods to those used for financial information to bring them on par. First published The Reporting Times, No. 22/2023

Environmental, social and governance (ESG) reporting is gaining relevance worldwide. Climate reporting will, as part of the non-financial report, be mandatory in Switzerland for large organizations as of January 2024. The mandate specifies that climate reports must be published in a human- and machine-readable format which is used in an international setting. A suitable format that fulfills these requirements is XBRL. First published The Reporting Times, No. 22/2023

A new phase of sustainability reporting begins in 2024. Gradually, more and more companies will have to submit CSRD-compliant sustainability reporting, the individual rules of which the legislator will only lay down in the course of this year. This is a challenge that is easier to meet with publishing systems.