Environmental, Social, Governance or ESG are the main factors deciding a company's sustainability footprint.
The consideration of ESG has risen dramatically in recent years as both public and investor sentiment have shifted. Awareness and activism has increased along with the demand for quality data from a financial industry underpinned by risk.
Frameworks and methodologies have advanced along with tools and technology to better understand and mitigate ESG risks. However, the complexities and changing dynamics of environmental, social, and governance factors require more accurate and timely data to support augmented intelligence. There remain critical gaps and shortcomings, especially in certain industries and certain parts of the world.
Advancements in technology and new data sources are lowering costs and increasing access to advanced ESG intelligence and management capabilities.