Several key trends are shaping the valuation profession, namely environmental, social, and governance (ESG) factors, technology, and the increasingly global nature of business, says IVSC chief executive Nick Talbot. Also, ongoing uncertainty throughout the world acts as a “double-edged sword,” making the “valuer’s role more complicated but also increases the demand for high quality valuation skills as investors look for additional advice in times of change.” He also identified several challenges for 2023 and beyond, including the growing complexity of the business world and the growing demand for transparency and accountability. “As the global economy continues to evolve, the demand for high-quality valuations will only increase, making it an exciting time to be a valuer,” he says. “Those who are able to adapt to the trends and challenges of the profession will be well-positioned to succeed in the years ahead.”