ESG Metrics: A Path Forward For Companies

ESG Metrics: A Path Forward For Companies

Potted green plant grows up in arrow shape over blue background. Concept business image



getty

Investors, employees, and customers are looking to see what a company's purpose is and how they are implementing this purpose through an environmental, social and governance (ESG) framework and how this can be reported.

ESG issues continue to draw great interest from both companies and investors, but despite its prevalence there remains confusion around the topic. In particular, companies face the challenge of demonstrating long-term value creation without a generally accepted international framework for the reporting of ESG factors. In January 2020, the World Economic Forum (WEF) in collaboration with Deloitte, EY, KPMG and PwC (the Big Four accounting firms) published a proposed set of universal ESG metrics