Time to make ESG disclosures work
Faster adoption of a universally accepted ESG reporting system will help investors better assess ESG performance.
Susan Chong and Themin Suwardy
THE last seven years have been the warmest for the planet. We see enough stories of supposedly “extremely rare” weather events becoming far too common. The Intergovernmental Panel on Climate Change (IPPC), for example, warns of dire consequences unless there are immediate, rapid and large-scale greenhouse gas reductions. Agriculture and health, for instance, would increasingly be impacted with increasing global warming.
Fortunately, many businesses and organisations have heeded the call and started looking at their own strategic, tactical and operational roles in environmental, social and corporate governance (ESG).
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