With Green Week here, we thought it would be a good idea to share some free sources of information on sustainability and the environment.
Several Government bodies provide guidance on sustainability:
Companies and organisations also want to show that they are playing their part. Guidelines and standards have been produced so that companies can report on the steps they are taking to achieve a good ESG score or rating. These include…
- SASB Standards SASB aims to help companies disclose relevant sustainability information to their investors. Their standards are available for 77 industries.
- GRI – Standards provides guidance on what reporting standards are available for companies – large or small, public or private can use.
- Task Force on Climate-related Financial disclosures (TCFD) has the specific aim is to improve and increase reporting of climate-related financial information via its framework.
Companies and organisations collect the non-financial information and report as part of the ESG (environmental, social and governance) data that is often shared as part of a company’s annual report. These are used by other organisations to create ESG scores or ratings. These cover areas such as human resource practices, e.g. number of females on a board, business ethics, environmental sustainability, social factors and corporate governance.
Many ratings agencies and databases exist that include ESG data. Here are some free sites containing ESG data on companies:
All of these sources gather different data and use a variety of corporate information sources to create their rating or score. These scores or ratings can be used to assess a company’s sustainability and ethical performance so that one company can be compared with another.
For more comprehensive coverage of ESG data, Cranfield also provides access to Bloomberg and Eikon.
Feature image from Pixabay. Available at: https://pixabay.com/photos/money-profit-finance-business-2696219/