The proliferation of sustainability accounting standards comes with costs
Thankfully, there are early signs of consolidation
NOWHERE IS CORPORATE do-goodery more on show than in a firm’s sustainability report. Today 58% of companies in America’s S&P 500 index publish one, up from 37% in 2011, according to Datamaran, a software provider. Among the photos of blooming flowers and smiling children, firms sneak in environmental, social and governance (ESG) data, such as their carbon footprint or the share of women on boards. But the information differs wildly from firm to firm.
This article appeared in the Business section of the print edition under the headline “In the soup”
Business October 3rd 2020
- Can Tata Sons regain its footing?
- The Epic-Apple courtroom battle commences
- Why Devon Energy wants to buy WBX Energy
- Why the rocky engagement between Tiffany and LVMH might survive
- The proliferation of sustainability accounting standards comes with costs
- Why we need to laugh at work
- How good a businessman is Donald Trump?
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