In search of a global ESG risk and reporting framework
Lacking clear and consistent metrics for evaluating climate-related impacts, development banks are turning toward technology to improve overall ESG reporting and reduce related financial risks.
The financial industry widely recognizes that climate issues impact financial performance. What remains inconsistent with the demand for ESG investing is the large variety of industry-driven reporting standards in use today.
Over the last few decades, a multitude of initiatives have emerged to govern reporting. Each has its own methodologies and scoring measurements, and each sets different standards by which companies measure ESG-related risks and compliance.
Read this white paper to find out more about these divergent standards and what changes we can expect to see in the coming years.
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