As the global push for Environmental, Social, and Governance (ESG) practices and sustainability gains momentum, CFOs face the challenge of translating complex mandates into actionable strategies that simultaneously satisfy regulators, investors, and the company's bottom line.
Mark Lumsdon-Taylor, Partner and Head of Sustainability at
MHA (an independent member of Baker-Tilly International) guides UK and global business leaders through the process of integrating environmental, social and governance considerations into their operations.
Mark joins host Melissa Howatson to explore the impacts of UK environmental regulations, sustainability reporting, and climate-related financial disclosures. In part two of our two-part series, discover the latest developments in sustainability regulations both in the UK and globally and learn how companies can prepare for this increasingly complex regulatory landscape.
Discussed in This Episode- Integrating sustainability risk management across all company processes to address ESG concerns comprehensively, rather than treating them as isolated compliance tasks.
- The importance of establishing a board-level leader, ideally a Chief Sustainability Officer (CSO), to coordinate and elevate sustainability initiatives throughout the organization.
- Engaging a critical third-party advisor to periodically review ESG practices and prepare for upcoming regulatory changes.
- The necessity for companies to begin collecting baseline sustainability data now, ensuring readiness for future disclosures and maintaining strong customer relationships.
- Learn what part politics play in shaping sustainability legislation in the U.S. and Europe.