Sustainability-focused companies benefit more from audit transparency, study suggests

Sustainability-focused companies benefit more from audit transparency, study suggests

Companies with strong environmental, social, and governance (ESG) track records performed better than their peers after being required to adopt more rigorous auditing standards. This is according to a new study from researchers at Nagoya University in Japan, which is the first to examine the connection between the implementation of "key audit matters" (KAMs) and firms' sustainability practices.