Wall Street Journal: Taking Corporate Sustainability Reporting to the Next Level
The Wall Street Journal recently published an article about the investor push for more standardized sustainability reporting.
Emily Chasan writes:
“…As an analyst ‘your motto is question everything,’ said Seth Magaziner, a research analyst at sustainable investment manager Trillium Asset Management in Boston. He told the conference he often checks how nonfinancial metrics are reported and measured, whether a company uses standard methodologies, and whether it seeks verification from third-parties.
For example, when modeling climate change scenarios for the company’s energy investments, he says his models work better if companies are specific about what legal jurisdictions their oil and gas reserves are in and the carbon intensity of the reserves it has…”
You can read the entire article here.