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How Will ESG Impact be Measured?

Bron: CFO.com - 21 juli 2022

Corporate reform — similarly to how Ernest Hemingway described bankruptcy in his novel “The Sun Also Rises,” — happens two ways: gradually, and then suddenly. 

Environmental, social, and governance (ESG), a movement that seeks to hold corporations accountable for far more than just ordinary financial results, is gathering speed and building momentum.  

Of course, it is one thing to back what ESG stands for, and another to implement the needed changes. One of the key things that needs to be done to facilitate the change is to develop an accounting system — a way to put monetary values on transgressions or successes of ESG principles.

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