Around a third of additional responsibilities relate to ESG or sustainability, finds global poll of IR professionals
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Amid the tumultuous events of 2020, the remit and influence of IR teams expanded considerably, according to new research from Nasdaq: the Global IR Issuer Pulse survey, which polled more than 450 IR professionals, finds 96 percent manage responsibilities outside of IR.
Underlining the growing focus on non-financial information, 35 percent of additional duties relate to ESG, corporate responsibility or corporate sustainability – a sharp rise from 14 percent in the 2019 survey. IROs also report duties in corporate communications, strategy, financial planning & analysis, treasury and M&A, among other areas.