Arabesque develops ‘ESG Book’, a new central source for accessible and digital corporate sustainability information

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Published

08 December, 2021

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WBCSD Communications

  1. Companies are custodians of their own data
    Corporates should have control of their sustainability data by having autonomy over the disclosure and maintenance of data in real-time, unrestricted by the annual reporting cycle. This improves both transparency and market-driven oversight from investors, banks, and business partners, and reduces errors common within the global ESG data ecosystem.
  2. Transparency on data usage and interactions brings more meaningful reporting
    Once directly connected to their stakeholders, companies should be empowered to report on the most material and valuable issues requested by investors, thereby reducing the noise in reporting, and enabling data gaps to be more clearly identified.
  3. Accessibility and impartiality  
    ESG data should be reported by companies in a clear and consistent manner, and be readily accessible for all stakeholders. Similarly, ESG data platforms should support equal access for all in order to promote greater transparency and provide better and more up-to-date information to guide global capital flows.
  4. Framework-neutral
    ESG data should be framework-neutral and provide a level-playing field for all market participants, allowing stakeholders to collect and report data based on sustainability questions from multiple frameworks at the same time. It should be adaptable and flexible to respond to a fast-moving market and regulatory environment.
  5. Easing the reporting burden
    Reported ESG data can be mapped across a range of frameworks simultaneously over time. For example, if a company discloses COemissions according to GRI, other reporting questionnaires can be populated with the same data. This frees up company resources for greater action-driven insights once the reporting company decides to disclose.