Fiducia TogetherESG and sustainability reporting
Environmental, social and governance performance, and the growing obligation to report it.
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.
What it means
ESG covers environmental impact, social impact including employment practices and communities, and governance including board structure and ethics.
Why it matters
Reporting requirements apply to larger companies, and the requirement cascades: large customers ask suppliers for carbon data as part of procurement, whatever the supplier's size.
What it looks like in practice
Streamlined Energy and Carbon Reporting applies to larger companies. Scope 1, 2 and 3 emissions distinguish direct, purchased-energy and value-chain emissions — Scope 3 is where a supplier's data is wanted.\n\nNet zero commitments in public tenders are now common.
What to watch out for
Greenwashing. The CMA's Green Claims Code and the ASA both enforce against vague or unsubstantiated environmental claims, and it is an active area.
Where to get proper advice
The Government's SECR guidance and the SME Climate Hub, both free. A B Corp assessment is a structured self-review even if you do not certify.
Where to read more
Last reviewed 2026-08-28 by Fiducia Together · Next review due 2027-08-28
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.