Environmental metrics disclosures by European companies were up 45 per cent in 2022 compared with the year before, according to a study by ISS Corporate Solutions. Social metrics disclosures were 36 per cent higher, the study found. Corporate disclosures add to the body of ESG data on which financial institutions rely to make informed sustainability and impact investments.
Meanwhile, ISS ESG, the company’s sustainable investment business, has said it will update its Environmental & Social Disclosure QualityScore scoring methodology later this year. The update will introduce 60 new scoring factors and remove 50. About 100 more will be adjusted. The reframing of the score comes changes to disclosures and materiality assessments, ISS ESG said.
Subscribe to our newsletter