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      This new report, based on in-depth interviews with 50 chief sustainability officers and managers in 10 countries, examines how group sustainability units operate within corporate structures, what makes them successful and how they plan to develop in the future.

      It finds that sustainability has become a board-level responsibility, but that sustainability-focused organizations are still developing in maturity, including in response to new ESG reporting requirements, such as the European Union’s Corporate Sustainability Reporting Directive (CSRD).

      The report includes research on staffing levels at group sustainability units, their key topics and responsibilities, and how they work with boards, as well as quotes from interviewees.

      It discusses how corporates can integrate sustainability work into relevant functions and business units, allowing the decentralization of responsibility for ESG, particularly its reporting. This can allow the group sustainability unit to focus on its central strategic role to drive long-term commitment to sustainability goals.



      Anchoring ESG in governance


      Taking a strategic approach towards corporate governance, board-level responsibility and reporting



      Download

      ESG Governance: Navigating HKEX climate disclosure requirements


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      Alva Lee
      Alva Lee

      Hong Kong SAR Head of Governance, Risk & Compliance Services / ESG Governance Services Lead

      KPMG China

      Jens Kessler
      Jens Kessler

      Partner, Governance, Risk and Compliance Services

      KPMG China


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