Instead, Do This, Part I: The Dozen ESG Disclosure Errors Companies Should Stop Making Today

Summary

This article outlines a dozen Environmental, Social, and Governance (ESG) disclosure errors that companies should stop making today. ESG disclosure, all the rage in recent years, is only becoming more common and more "required" even in situations where it remains voluntary. Both voluntary and, in certain jurisdictions, required ESG disclosures are becoming standard practice. Based on recent surveys, while in 2011 only approximately 20% of S&P 500 companies published sustainability reports, in contrast, now over 90% of S&P 500 companies are publishing sustainability reports. See, for example, State of Green Business 2021 - The Big Picture (February 17, 2021). This trend is trickling down through all U.S. public companies—more companies are publishing ESG-related disclosures today than ever before.