As the demand for transparency and accountability in sustainability practices grows, Environmental, Social and Governance (ESG) reporting has become crucial for businesses in heavy industry sectors. 🏭

Key drivers for ESG reporting include:

• ✅ Regulatory compliance
• ✅ Stakeholder pressure
• ✅ Risk management

Major ESG reporting frameworks relevant to heavy industry:

• 1️⃣ Global Reporting Initiative (GRI)
• 2️⃣ Sustainability Accounting Standards Board (SASB)
• 3️⃣ Task Force on Climate-related Financial Disclosures (TCFD)
• 4️⃣ Corporate Sustainability Reporting Directive (CSRD)

While implementing these frameworks, heavy industries face challenges such as complex supply chains, data collection and integration, and an evolving regulatory landscape. 🌐

However, by embracing ESG principles, heavy industries can drive sustainable growth, mitigate risks, and contribute to a more sustainable future. 🌱

Discover how Jouvoli can help you navigate the complexities of energy management and sustainability strategies to optimize your business operations. 🚀