ESG (Environmental, Social, and Governance) Data Sources
What is ESG Data
ESG data refers to information related to a company's environmental impact, social responsibility, and governance practices. While, ESG data is not always perfect, and there could be some imitations, in general, ESG data can be broadly categorized into the following areas:
- Environmental data: This includes data on a company's energy usage, carbon emissions, water usage, and waste management practices
- Social data: This includes data on a company's labor practices, human rights policies, community engagement, and diversity and inclusion initiatives
- Governance data: This includes data on a company's board composition, executive pay, anti-corruption policies, and other metrics
ESG Data Sources
Examples of inside out ESG data include:
- Data on companies’ environmental management systems (EMS) and environmental performance;
- Data on a company’s governance or financial performance;
- Information on labor relations, including the quality of working conditions and labor practices;
- Data on corporate leadership, including information on executive compensation.
Examples of outside-in ESG data include:
- Physically sourced data from external sources, such as smart meters, sensors, etc.
- Data from external sources that are not physically sourced, such as weather forecasts, traffic reports, etc.
- Data derived from company review sites
- Social media such as Linkedin, Twitter, Facebook
- News, Media and Press Releases analysed through Natural Language Processing
From: ESG data sources