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Post by arfanho7 on Feb 25, 2024 6:07:54 GMT 1
Much the way the Financial Accounting Standards Board has systematized accounting principles in the United States over the last or so years SASB hopes to simplify and standardize how businesses report data from their environmental social and governance ESG initiatives. George Serafeim is the Jakurski Family Associate Professor of Business Administration at Harvard Business School and an expert on sustainable and inclusive capitalism. Below he describes how such standardized reporting could empower both companies and investors and how it could revolutionize business practices in the future. you to study the impact Ukraine Mobile Number List of ESG investments George Serafeim Corporations can have an enormous impact on the very big problems we re facing in the world today natural resource scarcity social inequality and poverty as well as on governance issues like product safety and corruption. More and more CEOs are leading their organizations to get seriously engaged with ESG issues. At the same time more investors are using the reported ESG data in their capital allocation decisions. Twenty years ago there were fewer than companies around the world releasing this kind of data. As of this year there will be more than companies doing so. It s exponential mind blowing growth but we still have a very poor understanding of the value implications of these kinds of actions.
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