In 2024, the global corporate landscape witnessed an intensified push towards integrating sustainability into core business strategies, with ESG (Environmental, Social, Governance) reporting becoming a mandatory framework across many jurisdictions. Major companies worldwide adopted comprehensive sustainability reporting standards aligned with the ISSB (International Sustainability Standards Board) guidelines, emphasizing transparent disclosure of environmental impact, human rights, and social contributions. This shift compelled corporations to move beyond mere compliance and embed responsible business conduct into long-term value creation. Alongside regulatory changes, stakeholders’ pressure accelerated companies’ adoption of science-based targets to address climate change and social equity. The emergence of new digital tools facilitated robust data collection and verification, enhancing accountability and stakeholder trust globally.
For detailed analysis: https://www.issb.org/news/2024-global-sustainability-reporting