Investors Embrace Environmental, Social, and Governance (ESG) Data to Make Informed Decisions

Monday, 18 March 2024, 09:13
The ESG data market is projected to grow significantly, with forecasts suggesting it will surpass $2 billion by 2024. This surge is fueled by regulatory standards such as the SEC’s Climate Disclosure Rule and the EU's Corporate Sustainability Reporting Directive (CSRD), which are prompting increased investments in corporate ESG reporting software. As the importance of ESG factors in investment decisions continues to rise, companies are prioritizing transparency and accountability in their sustainability reporting.
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Investors Embrace Environmental, Social, and Governance (ESG) Data to Make Informed Decisions

Investors Turn to ESG Data for Informed Decisions

The ESG data market is expected to exceed $2 billion by 2024, driven by regulatory changes and investor demand for transparency.

Regulatory Standards Drive Growth

  • SEC’s Climate Disclosure Rule mandates companies to disclose climate-related risks and opportunities.
  • EU's CSRD requires enhanced ESG reporting for larger companies.

Investors are increasingly considering ESG factors in their decision-making processes to assess risks and opportunities more comprehensively.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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