S&P Global: Governments and corporates face increased pressure to tackle ESG issues in 2022

Issues such as climate change and human rights

In 2022, corporate boards and government leaders will face increased pressure to demonstrate that they are adequately equipped to understand and oversee ESG issues such as climate change and human rights, according to the latest S&P Global Ratings report.

The trend is set to pick up speed during the 2022 proxy season, according to the report, which focuses on key trends that will drive the ESG agenda in the year ahead. It follows a rise in shareholder activism last year, which included a rise in votes against directors for a lack of credible climate action plans. The report also revealed that new regulations and reporting standards will demand more credible corporate disclosures. S&P said the trend will prompt investors, regulators, and the broader public to exercise greater scrutiny of corporate sustainability efforts, calling out ...