The What, Why and How of ESG Dashboards
Bhattacharya Cb and
Zaman Mostafa
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Bhattacharya Cb: Zoffer Chair of Sustainability and Ethics, University of Pittsburgh, PA
Zaman Mostafa: Postdoctoral Researcher, University of Pittsburgh, PA
NIM Marketing Intelligence Review, 2023, vol. 15, issue 1, 32-39
Abstract:
Many businesses have turned to ESG reporting to satisfy the informational needs of their external and internal stakeholders. ESG stands for environmental, social and governance metrics – both qualitative and quantitative – to highlight how well or poorly a firm is doing in terms of long-run sustainability. Investors and governments as well as customers and employees are becoming more and more concerned with ESG issues. ESG dashboard metrics serve as a means of accountability for all parties concerned and contribute to ensuring that the business adheres to its ESG commitments. Companies should use a purpose-driven approach with strong commitment from management and use cross-functional teams from areas including supply chain, technology and infrastructure to formulate a plan to integrate ESG metrics for reporting and identify gaps and deficiencies in current practices.
Keywords: ESG; Sustainability; Responsibility; Metrics; Decision-Making; Investment; Double Materiality (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:gfkmir:v:15:y:2023:i:1:p:32-39:n:5
DOI: 10.2478/nimmir-2023-0005
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