As part of the Obermatt Triple Bottom Line ESG Framework, we learned that companies are under pressure to respond to shareholders, investors and other stakeholders about ESG performance. The focus is often on climate change and diversity and inclusion.
We encourage companies to go broader when talking about ESG. This starts with setting ESG priorities that include areas that engage more executives and employees. Emissions levels and diversity are often areas that most employees don’t influence.
Including more ESG aspects and metrics moreover leads to a broader story for shareholders and reduces the risk of reliance on only a few metrics.
Consolidating multiple metrics into a single value is possible, but there are some questions to be addressed and pitfalls to avoid. Obermatt outlines these issues in this video and is available to support companies in this process.
Join the Obermatt ESG Panel and hear best practices in ESG reporting and compensation from finance, HR and sustainability peers.