Environmental, Social, and Governance (ESG) reporting schemes and ratings in the agribusiness and forestry sectors have become increasingly important to companies wishing to distinguish themselves from their peers. However, the multiplicity of ESG frameworks has caused confusion for the companies reporting, as well as for those using the reports. What can be done to cut through the clutter?
The SIIA’s latest report, “ESG in Practice: A Closer Look at Sustainability in ASEAN’s Palm Oil and Pulpwood Sectors“, highlights the major rating, reporting and certification schemes that investors and other stakeholders may use to assess the sustainability of companies in agribusiness and forestry. Refer to the image below for the key highlights. (This list is by no means exhaustive as there are many other existing organisations and initiatives aiming to assess sustainability in different parts of the value chain.)
To find out more about the key issues, best practices and challenges in implementing ESG in the agribusiness and forestry sectors, check out the SIIA’s latest report here.
