The ESG Practitioner Survey 2024—a global survey of over 2,000 accounting, sustainability, internal audit, legal, and compliance professionals commissioned by Workiva—is now available.
It reveals how regulations like the CSRD have created a new gold standard for ESG reporting, and how leaders need to challenge the status quo of their reporting to keep pace with change.
Key findings include:
Global ESG regulations are starting to bite
87% of ESG practitioners surveyed find it challenging to adapt reporting processes to comply with new regulations.
Integrated reporting is the new gold standard
81% of companies not subject to the CSRD still intend to comply.
Assurance creates accountability, which drives performance
88% of ESG practitioners surveyed believe that assurance over ESG data increases the likelihood that a company will achieve its goals.
Steep challenges undermine existing confidence
98% surveyed say they are confident in the accuracy of their ESG data, yet 83% also agree collecting accurate data to fulfill the CSRD requirements will be a challenge for their organization.
Practitioners are transforming reporting processes
92% of companies surveyed are investing in technology to improve collaboration among reporting teams.
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