ESG Is Here To Stay, Seyfarth Report Concludes
HRDIVE, March 2nd, 2023
A focus on ESG - environmental, social, and governance principles - will continue to expand in 2023 and beyond, according to Seyfarth's Human Capital Disclosure Report released Feb. 21.
During the past year, the number of disclosures with references to board-level oversight of human capital issues increased across all industries, with an average of 35% reporting board oversight in 2021 and an average of 42% reporting it in 2022.
'ESG is safely part of the business lexicon and continues its march from a 'nice to have' to a way of doing business,' the report authors said in a statement.