How Boards Can Make the Most of Sustainability Reporting

Boston Consulting Group (Nov 18, 2024) "How Boards Can Make the Most of Sustainability Reporting" advocates a materiality-based approach — focusing only on materially relevant aspects — so boards can both meet regulatory requirements and concentrate attention on critical sustainability goals. Key statistics cited: only 35% of board members fully understand how ESG can affect company value, and only 12% actively scan for emerging ESG-related risks and opportunities. Starting in 2028, non-EU companies generating at least €150 million in EU revenue and operating an EU subsidiary or branch will be required to report on their sustainability practices, regardless of HQ location. Direct relevance for SEA mid-market exporters into the EU.