August 21, 2024
Authors
Sustainability teams are evolving to meet the demands of rapidly changing regulations and standards. The roles of the team are being expanded, with new responsibilities that imply wider and deeper collaboration across internal functions and leadership to help navigate the evolving landscape and prepare for new reporting rules. Sustainability teams increasingly collaborate cross-functionally to navigate this evolving landscape to address environment, social impact, human rights, and governance.
Informed by research and companies’ shared experience in the Future of Reporting Collaborative Initiative, BSR’s policy brief discusses the impact of these requirements across internal functions—including Boards and the C-suite, finance, audit, procurement, marketing, and IT—and provides key implications and recommendations.
Contents
- Introduction
- Key regulations/standards and their characteristics
- Implications for corporate functions
- Sustainability
- C-suite (management as a whole)
- Board of Directors (or committee with sustainability oversight duties)
- Finance
- Audit
- Risk
- Legal/Compliance
- Procurement/Supply Chain
- Human Resources (HR)/Diversity, Equity and Inclusion (DEI)
- Marketing/Communications
- IT/Cyber
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