background image

72% of European companies include disability in their ESG/sustainability reports

author image

By illuminem briefings

· 2 min read

illuminem summarizes for you the essential news of the day. Read the full piece on Forbes or enjoy below:

🗞️ Driving the news: A new study by Disability:IN reveals that 72% of European Fortune 500 companies include disability considerations in their ESG reports, compared to 65% in the U.S
• The study anticipates increased reporting with upcoming mandatory sustainability reporting requirements in the EU

🔭 The context: ESG reporting, initially voluntary and diverse in content, is becoming more standardized with new regulations set to take effect in 2025
• Currently, while a majority of companies mention disability, fewer disclose detailed workforce participation rates, suggesting a gap in the depth of reporting

🌍 Why it matters for the planet: Integrating disability into ESG reports reflects broader societal shifts towards inclusivity and diversity, crucial for sustainable corporate practices
• It aligns with global efforts to enhance corporate transparency and accountability, impacting social sustainability

⏭️ What's next: With the EU's implementation of more rigorous reporting standards under the Corporate Sustainability Reporting Directive (CSRD), companies will need to adjust their reporting practices, potentially setting a precedent for other regions, including the U.S.

💬 One quote: "While disability is being mentioned in the reports, companies are not providing hard data to back up their claims," noted Disability:IN in their analysis of ESG disclosures

📈 One stat: 72% of European Fortune 500 companies now include disability in their ESG disclosures

Click for more news covering the latest on ESG

Did you enjoy this illuminem voice? Support us by sharing this article!
author photo

About the author

illuminem's editorial team - providing you with concise summaries of the most important sustainability news of the day.

Follow us on Linkedin, Twitter​ & Instagram

Other illuminem Voices

Related Posts

You cannot miss it!

Weekly. Free. Your Top 10 Sustainability & Energy Posts.

You can unsubscribe at any time (read our privacy policy)