Future Shapers – The evolution of ESG data: Sourcing, application, and value creation

The evolution of ESG data has been driven by increased demand from a broader range of users, for a variety of purposes and objectives, potentially prioritising different outcomes. Users of ESG data have to contend with identifying relevant, reliable, comparable information from the huge volume of data ‘noise’, from which they can draw insights, to make decisions and be accountable for their actions.
 
Enterprises are wrestling with onerous disclosure requirements, and provide more granular detail to comply with regulation and meet their diverse stakeholders’ needs. They face greater sanctions for greenwashing or greenhushing. At the same time their stakeholders’ are also assessing their ESG performance using data from sources external to the enterprise.
 
This discussion will explore the challenges and opportunities of evolving sources of ESG data, and how they are being applied and the potential future developments needed to ensure greater value creation.