The Top 6 Barriers to Better ESG Data (and What To Do About Them)
Opinion of a 30+ year veteran of the sustainability space and his take on the data crisis that has been building for decades and will come to a head in 2021-
Typically, companies collect the relevant data only once per year, often on spreadsheets, to update their corporate responsibility story. This information is not adequate for investment-grade decisions, nor is it all that helpful for developing corporate strategy.
Challenges: Sustainability is not just an investment, immaturity of accounting, inconsistent standards and lack of assurance, lack of regulation – for now, lack of comparability, lack of technology.