Environmental, Social, and Governance (ESG) report
580
10 mins
Our Environmental, Social, and Governance (ESG) Report template provides a comprehensive overview of a company's sustainability initiatives, social responsibility efforts, and governance practices. It includes suggested metrics and graphic placements.
ESG refers to the evaluation of a company's environmental, social, and governance practices, highlighting its broader impact beyond financial performance.
What is an Environmental, Social, and Governance (ESG) report?
This Environmental, Social, and Governance (ESG) report template offers a structured framework for documenting an organisation's performance in environmental, social, and governance aspects.
It provides a comprehensive overview of sustainability initiatives, community engagement, diversity practices, and ethical governance.
The template's purpose is to facilitate clear communication of the company's ESG efforts, enabling stakeholders to assess its commitment to responsible and sustainable business practices.
When certain reporting requirements are met (see below)
Great Britain & NI (United Kingdom), Worldwide
Timings
| Step | Description | Responsibility | Timing |
| 1 | Gather data and information for the ESG report | HR / Sustainability Team | Ongoing data collection |
| 2 | Analyze and compile the data into the ESG report | HR / Sustainability Team | 2-4 weeks before report deadline |
| 3 | Review and verify the accuracy of the ESG report | HR / Sustainability Team | 1 week before report submission |
| 4 | Submit the ESG report to relevant stakeholders | HR / Senior Management | On the report submission deadline |
| 5 | Follow up with stakeholders to address any inquiries or concerns | HR / Senior Management | Within 1-2 weeks after submission |
Compliance
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Companies Act 2006: Requires certain large companies to disclose non-financial information, including environmental and social matters, in their annual reports.
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Equality Act 2010: Ensures that ESG practices do not discriminate against individuals based on protected characteristics and promote equality and diversity.
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UK Corporate Governance Code: Encourages companies to integrate ESG considerations into their governance frameworks, fostering transparency and accountability.
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Task Force on Climate-related Financial Disclosures (TCFD) Recommendations: Provides guidance on disclosing climate-related risks and opportunities in financial filings, including ESG reports.
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Best Practice: Stakeholder Engagement: Engage with stakeholders, including employees, customers, and investors, to inform the development and reporting of ESG initiatives, fostering transparency and accountability.
Large companies that meet any of the following criteria must product an ESG:
- Listed companies
- Companies with an annual turnover exceeding £500 million
- Companies with more than 500 employees.
Other territories
Consult your jurisdiction's employment legislation or labor laws to ensure compliance with the template. Review the language for local precision.