Welcome to the latest edition of our monthly ESG Insights, providing you with a summary of key developments from around the world. Global: The UN Global Compact launches a toolkit for managing transformation

The UN Global Compact has announced the launch of its Transition Management Toolkit. The toolkit aims to strengthen the 'G' in ESG to enable companies to educate employees to support transformational management within their organisations. It provides a comprehensive view of the internal management and strengthening of public administration institutions for businesses. Key features include risk management and long-term viability, global alignment and stakeholder trust.

Consultation on a new ethical standard for sustainability reporting and assurance

On January 29, the International Ethical Standards Board for Accountants announced two new Working Drafts (EDs), the first comprehensive set of global standards for ethical considerations in sustainability reporting and assurance. The proposed standards aim to promote greater confidence in all publicly reported sustainability information. (Eversheds Sutherland (USA) LLP, more at lexology.com)