Post by sweetpea33 on Jan 24, 2024 23:07:26 GMT -5
The automotive giant, which just last week announced its industry-leading decision to pursue an all-electric future and sell only zero-emissions vehicles by 2035, takes a decidedly comprehensive approach to its report, serving as a single source of public disclosure to support a myriad of ESG ratings and rankings. Or consider Waste Management and MetLife, both of which debuted new digital ESG resource hubs in their latest reporting cycles to solve for searchability, ease of access and demonstration of comparable year-over-year data. Expect this approach to continue as both companies evolve the robustness and comparability of their data.
Disclosure is shifting. In 2020, fashion company PVH, whose brands include Tommy Hilfiger and Calvin Klein, dedicated over half of its 2019 corporate responsibility report to performance data, spanning a host of ESG indicators. It also included for the first time data on issues such as " Email List employee diversity by store and warehouse level," "employee turnover data" and "living wages at the factory level" — an acknowledgment of the increasing demands by investors for better insights into human capital management, global operations, risks and mitigation efforts.
To help investors see how companies are connecting intent, action and performance, some reporters have started providing benchmarks against their data, in turn helping elevate its relevance. For example, MetLife, in its 2019 sustainability report, disclosed its diversity (gender and ethnicity) data against key industry benchmarks by Deloitte and McKinsey. Providing this comparative lens allowed MetLife to demonstrate how it was measuring progress against others and how it is using data analytics to define its efforts — helpful to investors in their matchmaking between value and price.
Disclosure is shifting. In 2020, fashion company PVH, whose brands include Tommy Hilfiger and Calvin Klein, dedicated over half of its 2019 corporate responsibility report to performance data, spanning a host of ESG indicators. It also included for the first time data on issues such as " Email List employee diversity by store and warehouse level," "employee turnover data" and "living wages at the factory level" — an acknowledgment of the increasing demands by investors for better insights into human capital management, global operations, risks and mitigation efforts.
To help investors see how companies are connecting intent, action and performance, some reporters have started providing benchmarks against their data, in turn helping elevate its relevance. For example, MetLife, in its 2019 sustainability report, disclosed its diversity (gender and ethnicity) data against key industry benchmarks by Deloitte and McKinsey. Providing this comparative lens allowed MetLife to demonstrate how it was measuring progress against others and how it is using data analytics to define its efforts — helpful to investors in their matchmaking between value and price.