Think ESG: Finding the path to ESG-linked financial value
Better Finance: CFO Insights podcast · 2023-01-27 · 32 min
Episode notes
This special ESG episode features Brian Tomlinson , Ernst & Young LLP, and Tensie Whelan , Director, Center for Sustainable Business at NYU's Stern School of Business, as they explore ESG reporting and the correlation between sustainability and financial performance. Environmental, social and governance (ESG) performance, and how it is reported has gained significant attention across the market — as investors continue to drive for more consistent and transparent ESG metrics that will help them better assess corporate health and long-term value. The EY Global Institutional Investor Survey found that 89% of the investors said they would like the reporting of ESG performance — measured against a set of consistent standards across the globe — to become a mandatory requirement. While many corporations are reporting on their ESG performance and financial performance, they are often not reporting on how the two relate. The challenge most businesses face is proving the monetary impact of their sustainability efforts.