Six primary challenges were outlined as causing difficulties for global firms when preparing environmental, social and governance (ESG) assurance. Many of these challenges directly related to a lack of resources. The two top ranking barriers listed by firms were a lack of skills and a lack of budget.
Leading challenges facing firms when preparing environmental, social and governance (ESG) assurance worldwide in 2023
The survey group was made up of senior executives and board members across global industries.
and board members
Supplementary notes
Survey respondents were senior executives and board members with environmental, social and governance (ESG) reporting and assurance knowledge across industries and global regions, with a mean revenue of 15.6 billion U.S. dollars.
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KPMG. (October 4, 2023). Leading challenges facing firms when preparing environmental, social and governance (ESG) assurance worldwide in 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1454150/challenges-in-preparing-esg-assurance/
KPMG. "Leading challenges facing firms when preparing environmental, social and governance (ESG) assurance worldwide in 2023." Chart. October 4, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1454150/challenges-in-preparing-esg-assurance/
KPMG. (2023). Leading challenges facing firms when preparing environmental, social and governance (ESG) assurance worldwide in 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1454150/challenges-in-preparing-esg-assurance/
KPMG. "Leading Challenges Facing Firms When Preparing Environmental, Social and Governance (Esg) Assurance Worldwide in 2023." Statista, Statista Inc., 4 Oct 2023, https://www.statista.com/statistics/1454150/challenges-in-preparing-esg-assurance/
KPMG, Leading challenges facing firms when preparing environmental, social and governance (ESG) assurance worldwide in 2023 Statista, https://www.statista.com/statistics/1454150/challenges-in-preparing-esg-assurance/ (last visited December 22, 2024)
Leading challenges facing firms when preparing environmental, social and governance (ESG) assurance worldwide in 2023 [Graph], KPMG, October 4, 2023. [Online]. Available: https://www.statista.com/statistics/1454150/challenges-in-preparing-esg-assurance/