Building a sustainability program

Building an effective ESG sustainability program requires a strategic and comprehensive approach. This involves collecting ESG data from various data sources, defining metrics, measuring, benchmarking, and reporting them. In this section, we will review popular ESG reporting standards and frameworks and build a sustainability program.

ESG reporting standards and frameworks

ESG standards and frameworks provide organizations with a structured approach to evaluating and improving their performance in key areas that impact the environment, society, and governance. Today, various frameworks and standards exist – voluntary reporting, regulatory, and benchmarking – to guide organizations in integrating ESG principles into business operations. An ESG consulting firm, Governance and Accountability Institute Inc. in a research study reports that the largest companies in the S&P 500 are approaching 100% ESG reporting, while mid-cap companies...