The escalating demand for companies to disclose their environmental, social and governance (ESG) actions – and the corresponding increase in greenwashing – has fuelled a need for independent, third-party assurance.

Users of such information, however, need to be aware that the practice is still in its early stages and operating within a macro-environment that is not without its shortcomings. The Business Times (BT) spoke to different stakeholders to glean their views.

Still nascent