While employers, employees, and consumers alike seem to agree that fighting climate change is important, mention actual climate action, and the room suddenly goes quiet. It's not that people don't care - more than 2/3 of Americans report being concerned about climate change - it's that people simply don't know where to start.
ESG reporting is when corporations report on the environmental, social, and governance impacts of their operations. This reporting has multiple purposes that go way beyond just meeting certain regulations needed to operate.
An ESG report contains information on the environmental, social, and governance impact of a company. Consumers and other stakeholders such as investors and shareholders tend to use these reports as an indication of a company's approach to issues such as the environment, the community, and society at large.
A company's tail spend is the spend that tends to go unmanaged in an organisation and accounts for around 20% of the organisation's total spending. While it only represents 20% of the money spent, it makes up about 80% of small suppliers.

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