Should my company publish an ESG Factbook?
For this article, I looked at the publications of 4 companies who chose to do an additional publication around ESG.
I've always had an interest in sustainability, having grown up with climate change being at the forefront of global politics & society. Environmental Philosophy was my favourite course at University, which focussed a lot on developments in corporate finance & sustainability. It's clear to see how companies already have a crucial impact on climate change & climate-related goals. Nossa Data is incredibly innovative & increases corporate capability to respond to ESG frameworks, enabling companies to improve their transparency & responsibility, which ultimately has an extremely positive impact on people & the planet.
Firstly, the really open & collaborative culture! At Nossa Data, everyone is moving towards the same goal, & so communication is always very direct, honest, & productive. I've learnt so much in such a short frame of time, which I'm in no doubt is due to everyone's willingness to help & share their expertise. I've also been incredibly happy to see how impactful our tool is, which in turn helps our clients to have a more positive impact themselves. It's great to feel part of the solution.
The ESG space is growing rapidly, with ESG assets expected to reach over $50 trillion by 2025, a >100% increase since 2016. Consequently, companies face much more frequent investor requests & further scrutiny by stakeholders in environmental & social topics, so protecting your materiality & having your data prepared now will save so much time, stress, & resources down the line.
One thing I've really come to appreciate is just how costly & time-consuming it is to respond to ESG frameworks. In my opinion, this really detracts from the purpose of ESG as it puts companies off participating in disclosures & initiatives, which in turn negatively affects how transparent & outwardly responsible companies can/should be. I'm incredibly proud to be changing that narrative with Nossa Data!
Tons of growth! I look forward to working with lots more clients across various industries, meeting more & more ESG professionals, & welcoming new team members!