ESGs Are Works of Fiction Without International Rules and Accounting Protocol
The Importance of Measurement and Verification
Currently, it is impossible to measure and verify any of the components of ESG. Without certifiable accounting, the idea that ESG will effect a companies financial and market value is totally lost to the PR and Greenwashing skills of companies and brokers.
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Creating an effective ESG data strategy
In a recent Deloitte Survey of 300 finance, accounting, sustainability, and legal executives at public companies with more than $500 million in revenue, 57% of respondents indicated that data availability (access) and data quality (accuracy or completeness) remain their greatest challenges with respect to ESG data for disclosure.
https://www.jdsupra.com/legalnews/how-regulations-are-moving-esg-into-the-9657362/
Currently, it is impossible to measure and verify any of the components of ESG. Without certifiable accounting, the idea that ESG will effect a companies financial and market value is totally lost to the PR and Greenwashing skills of companies and brokers.