How companies can better ensure ESG disclosures are consistent
– Ensuring consistency involves being organized, typically through the use of disclosure and internal controls.
– There is a need to break down the walls of the silos of the various groups that share ESG information to make coordinated effort work.
I really enjoyed this 39-minute podcast with Brian Tomlinson of the CEO Investor Forum and Marc Siegel of EY, who is also a SASB board member. Starting at the 24:05 mark, they get into the issue of consistency of ESG messaging – including how the finance team increasingly being involved in the ESG disclosure process. The finance team typically is best suited to have access to the data and controls necessary to produce accurate information.
There is a move to break down the walls of the silos of the various groups within a company that share information that is ESG-related outside of the company. It’s an interesting discussion – and one of the best podcasts about reporting I’ve heard recently.