90% of Investors Say CSRD, SEC Climate Reporting Rule Will Drive Better Investment Decisions: Workiva Survey
Investors are overwhelmingly supportive of new sustainability-related reporting regulations such as the EU’s CSRD and U.S. SEC’s new climate reporting rules, with the vast majority believing high quality ESG data will enable better investment decisions, according to a new survey released by business data and reporting solutions provider Workiva.
While investors are strongly in favor of the new ESG reporting rules, however, many companies are anticipating challenges in complying with the new sustainability reporting obligations, the study found.
For the report, Executive Benchmark on Integrated Reporting 2024, Workiva commissioned a survey of nearly 900 executives at companies with over $250 million in revenues and more than 100 institutional investors across North America.
The survey found that despite the recent political backlash against ESG and sustainability reporting initiatives in the U.S., more than 80% of North American investors say that they have not changed how they make investment decisions, and an even larger majority appear to be in favor of new and emerging ESG disclosure regulations.
