Most companies agree that they should be disclosing sustainability information, but they desperately need clarity on how to do so. Recently, a pair of ambitious plans laid out by the International Business Council (IBC) of the World Economic Forum (WEF) and five of the most prominent ESG standards-setters are answering the call.
On Sept. 22, the IBC released a report, “Measuring Stakeholder Capitalism Towards Common Metrics and Consistent Reporting of Sustainable Value Creation.” Shortly before on Sept. 11, standards-setters CDP, CDSB, GRI, IIRC, and SASB released a joint “Statement of Intent to Work ...