Production, distribution and consumption within the food and beverage sector are experiencing major shifts. New stringent environmental, social and governance (ESG) regulations, and changes in both consumer behaviour and preferences are two of the main drivers for this. DNV’s newest report on sustainable food systems looks at these evolutions and describes the benefits and opportunities for companies to start thinking of the ESG dimensions as interconnected entities rather than separate aspects of sustainability.  

Environmental, Social and Governance (ESG) performance shows how a company is addressing sustainability challenges. When combined with financial indicators, this gives a more complete picture of the risk and opportunity profile of a company for stakeholders.​ Head of Sustainability Development and Climate at DNV, Ellen Skarsgård, and Environmental Analyst, Katerina Tzafilkou, reflect on how ESG reporting requirements might change in the future and how DNV works with customers to help them bring their ESG strategy to life.

Over the past five years, social criteria in ESG (Environmental, Social, Governance) have evolved from a sign of good corporate citizenship to a requirement to satisfy growing demands from governments, shareholders, investors, and the public for more transparency.

Social criteria in ESG reporting refers to how a company interacts with employees, suppliers, and society at large.

Boards that tune into stakeholder demands truly support decision-making and build resilience.

The pressure is on for the maritime industry to decarbonize. To help navigate these complex challenges, DNV has gathered up-to-date information to help turn uncertainty into confidence.