by Tony Liou, Partner Energy President
The numerous ESG reporting frameworks can be cause for confusion, but they all start with data collection.
With the rise of investor interest in Environmental, Social and Governance (ESG), companies are beginning to focus more attention on their ESG performance and reporting. But with all the various frameworks and lack of standardization for ESG reporting, it can be overwhelming to know where to begin and which framework may be the right fit for your organization.
Despite the numerous options available, each reporting framework requires very similar data. Before choosing the framework, it’s important to know: what is material to your organization?
The Various Frameworks
Selecting an ESG framework will depend on your reporting purpose, goals, and property type. The following are some of the most commonly used and most recognized frameworks.