ESG integration into business operations is critical, both strategically and legally. At the strategic level, ESG offers companies the opportunity to enhance their reputation and brand equity, manage risk, drive innovation and meet the growing expectations of ethically conscious consumers and investors. At the same time, legal requirements around ESG reporting and compliance are an imperative for companies, with regulations focusing on areas such as the environment, social responsibility and governance. Compliance with these laws contributes to transparency, enhances stakeholder trust and enables companies to thrive in an increasingly ESG-focused business environment. 

In the coming of European Sustainability Reporting Standards (ESRS) the relevance of ESG targets becomes more important than ever, as an ESRS provides a standardized metric to measure and compare companies' environmental, social responsibility and governance performance. This increases the pressure on companies to formulate, implement and pursue their ESG goals not only to meet regulatory requirements and stakeholder expectations, but also to thrive in an increasingly ESG-focused business environment.