New report shows practical benefits of ESG priorities

A recently released report by Deloitte shows that a profound change has happened in recent years in the way Canadian companies are prioritizing their impact on climate and social policies.

The 2024 Sustainability Action Report shows that standards set by global regulatory bodies are being considered as part of business’s risk strategies. The report also found that executives are seeing the benefits of better understanding environmental, social and governance risks and impacts.

Embracing ESG improves brand reputation as well as talent attraction and helps build trust with the companies stakeholders, the report says.