In this video, Simone looks at some of the reporting initiatives coming up and spends some time discussing the work of data aggregators and ESG rating providers, before seeing how ESG consultancies can help make this all a reality.
In this video, Simone looks at some of the reporting initiatives coming up and spends some time discussing the work of data aggregators and ESG rating providers, before seeing how ESG consultancies can help make this all a reality.
Subscribe to watch
Access this and all of the content on our platform by signing up for a 14-day free trial.
17 mins 8 secs
Sustainability leadership requires a holistic approach, encompassing a comprehensive understanding of ESG terminology, global initiatives, and taxonomies. Effective disclosure reporting, data aggregation, and ESG ratings are essential for evaluating and measuring progress towards sustainability goals. ESG consultancies offer valuable guidance and expertise in navigating the complex landscape of ESG issues, helping organisations develop effective strategies for sustainable growth. By engaging with these consultancies, companies can gain a deeper understanding of ESG considerations and incorporate sustainable practices into their operations.
Key learning objectives:
Understand how global ESG initiatives and taxonomies are essential for effectively leading a business
Understand how global disclosure reporting initiatives are essential for effectively leading a business
Understand how data aggregators and ESG ratings are essential for effectively leading a business
Access this and all of the content on our platform by signing up for a 14-day free trial.
Disclosure reporting initiatives serve the purpose of promoting transparency and accountability in ESG management. These initiatives require companies to disclose information about their ESG performance and report on their progress towards sustainability goals. The aim is to provide stakeholders, including investors and the public, with reliable and standardised data to assess companies' environmental and social impact, as well as their governance practices.
Some key reporting initiatives in the field of sustainability and ESG include:
ESG data providers evaluate companies' ESG performance by collecting and analysing relevant data across environmental, social, and governance factors. They use standardised metrics and methodologies to assess various aspects of a company's sustainability practices. For example,
These providers combine data from different sources, such as regulatory filings, company reports, and proprietary databases, to generate ESG ratings and scores.
Some examples of ESG ratings agencies include Bloomberg, Refinitiv, MSCI, Sustainalytics, ISS ESG, and S&P Global. These agencies evaluate companies based on their environmental, social, and governance performance. They consider factors such as carbon emissions, water use, labour practices, diversity and inclusion, climate change strategies, supply chain management, and corporate governance. Each agency has its own proprietary methodology for assessing these factors and assigning ESG ratings or scores to companies. Users should be aware that ratings may vary between agencies due to differences in data collection methods and the weighting of various factors.
Some examples of ESG consultancies include TBLI, Nossa Data, IMAGINE, and KKS. These consultancies offer a range of services to help companies incorporate sustainability practices and improve their ESG performance. TBLI and Nossa Data specialise in data-driven insights and solutions, leveraging databases such as Crunchbase, Pitchbook, and Beauhurst to provide comprehensive information on ESG companies and trends. IMAGINE, co-founded by Paul Polman, works with companies to advance global goals for sustainable development, focusing on the UN's Sustainable Development Goals (SDGs). KKS, led by George Serafim, works with boards to address sustainability issues. Overall, ESG consultancies assist companies in mapping their challenges, identifying gaps in their ESG performance, and developing tailored solutions to drive sustainable business practices.
Access this and all of the content on our platform by signing up for a 14-day free trial.
There are no available videos from "Simone Koo Ishikawa"