But What Really Is ESG? The Challenges of Defining and Implementing Consistent Measures
ESG is Broad and Difficult to Standardize
Inconsistent Definitions, Standards, and Metrics
Because ESG overarches the most complex global problems, spans interdisciplinary issues, and deals with largely qualitative themes, it is difficult to standardize a single approach to represent it. ESG initiatives can take a wide range of forms across different contexts, needs, and stakeholders. Thus, there have emerged various different approaches to standardizing and reporting ESG results that are difficult to compare as apples-to-apples. While there is an ample amount of data that has been recorded and measured so far, there is not a single common format ...
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