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Authors:

  • Mark Kremer

Excerpt

September 7, 2020, Opinion: "Corporate leaders, investors, and analysts today must deal with two separate and entirely disconnected reporting systems: one for financial results and the other for environmental and social impact, or ESG, performance. Companies can be screened in or out using various criteria, but there is no way to integrate the data into earnings projections or valuation analysis. The result is two separate narratives, one telling how profitable a company is, the other highlighting whether it is good for people and the planet. There is no clear way to discern which company is most profitably doing the most good."