CCI staff share recent surveys, reports and analysis on risk, compliance, governance, infosec and leadership issues. Share details of your survey with us: editor@corporatecomplianceinsights.com.
Few corporate leaders confident in their integrated reporting
Three-quarters of business leaders say effectively communicating their organization’s sustainability efforts is critical for investor relations and liquidity, according to new research from Forrester Consulting and Workiva.
The survey of 1,026 global finance, accounting, ESG, sustainability, audit, risk and compliance leaders found that 84% of organizations need significant technology improvements to achieve assured integrated reporting, with only 9% confident their current tools will meet their needs in 18 months. A majority (57%) of respondents report difficulties collecting trusted ESG data.
Other key findings:
- 68% of organizations not required to adopt Corporate Sustainability Reporting Directive (CSRD) standards plan to do so voluntarily.
- 61% are heavily reliant on manual tools and workflows for cross-functional reporting.
- 81% believe AI will meaningfully improve reporting and audit/risk processes over the next two years.
- 77% describe their organization’s reporting and audit/risk processes as value centers.
