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Environmental, Social and Governance (ESG) reporting is the practice of publicly outlining a company's progress toward achieving its objectives and commitments related to social responsibility, environmental sustainability, and corporate governance. The reports, which are typically produced annually, provide information on several ESG measures that are used to assess performance in those three areas in both quantitative and qualitative manners. Along with providing updates on significant milestones, this reports also describe the long-term goals of ESG strategies.
Question: What are the benefits of ESG reporting to an organization? Your benefits should be supported with real-life examples.
* With references to relevant recent journals, articles, and official websites (2018 and above). Please:
1. Provide the references and URL
2. Write five to six points
3. Minimum one thousand three hundreds words
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