ESG Maturity: A Software Framework for the Challenges of ESG Data in Investment

Carolina Almeida Cruz and Florinda Matos ()
Additional contact information
Carolina Almeida Cruz: DINÂMIA’CET-Iscte, Instituto Universitário de Lisboa (ISCTE-IUL), 1649-026 Lisboa, Portugal
Florinda Matos: DINÂMIA’CET-Iscte, Instituto Universitário de Lisboa (ISCTE-IUL), 1649-026 Lisboa, Portugal

Sustainability, 2023, vol. 15, issue 3, 1-18

Abstract: Given the rising demand for more transparent, consistent, and comprehensive non-financial information in investment, there is a need to provide more reliable, meaningful, and measurable ESG metrics, in a way that most frameworks cannot. Most established frameworks face difficulties and challenges in providing sustainability information to investors in a significant way, lacking in areas such as transparency, reliability, consistency, materiality, and particularly, their focus on the “S” dimension of ESG. The present article purposes to review the challenges associated with several frameworks and to present a solution to overcome them, by giving an overview of a new and innovative software as a service framework, ESG Maturity. This software presents itself as a solution for both reporting companies and their respective investors, by providing both with an assessment of the ESG maturity index of the companies, and delivering a report containing relevant initiatives, strategies, and action plans tailored to each one of them, within different sectors, dimensions, and geographic areas and consequently, their financial and non-financial implementation impact. ESG Maturity is considered a possible answer to the challenges in ESG reporting, having the potential to revolutionize the way companies report their non-financial information and how investors receive it.

Keywords: investment; ESG Frameworks; ESG Challenges; ESG Software (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://www.mdpi.com/2071-1050/15/3/2610/pdf (application/pdf)
https://www.mdpi.com/2071-1050/15/3/2610/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:3:p:2610-:d:1054035

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().