Recent statements and actions by major environmental, social, and governance (ESG) standards-setters are signaling a steady, growing trend toward alignment that should be a blessing for companies.
The Sustainability Accounting Standards Board (SASB), the Global Reporting Initiative (GRI), the World Economic Forum (WEF), the Climate Disclosure Standards Board (CDSB), and others have all recently taken significant steps to align themselves with other frameworks and to further streamline and ease adoption of their own.
While this alignment certainly advantages the frameworks themselves through greater and easier adoption, it also benefits the many companies that must engage with a constellation of reporting ...