The Make-or-Break Decade for the SDGs has begun

Goodbye,
Non-financial Reporting?
The sustainability-related pressure on the financial industry
and economy is massively increasing. Although there is
much accordance on what sustainability reporting seeks
to achieve, there is still confusion about the fragmentation
in the multiplicity of initiatives, standards, and stakeholders
to achieve these goals. Finally, there are signs of improvement:
Increasing state regulation is beginning to address the
challenge of turning businesses toward a zero-emissions and
zero-exploitative future.
In the course of the pandemic recovery plans, sustainability
issues are becoming even more relevant: Covid-19 proved to
be a catalyst for ruthlessly exposing flaws and weaknesses
in the system. Environmental, social, and governance (ESG)
aspects are – in the eyes of many – the right answer to
reboot the economy as well as to add resilience to businesses
and societies.
20 Global Goals Yearbook 2021