The Birth, Life, Death and Afterlife of ESG Ratings
2 min read
In a recent TEDx talk “The Birth, Life, Death, and Afterlife of ESG Ratings”, our Founder and CEO Pavan Sukhdev explored the evolution and challenges of ESG (Environment, Social, Governance) metrics. What began as a comprehensive approach to measuring corporate sustainability has now become mired in competing ratings, biases, and controversies.
Incidents like Tesla’s exclusion from the S&P 500 ESG index and British American Tobacco winning an ESG award highlight the inconsistencies within the current system. With ESG ratings influencing $35 trillion in assets, clarity and accuracy are more crucial than ever.
At GIST Impact, we believe it’s time to rethink and redefine how we assess sustainability. Our mission is to illuminate the true environmental and social impacts of corporate activities, providing investors with science-based, economically scaled, and actionable impact intelligence.
We are proud that GIST Impact has been recognised as the ESG data provider of the year, EMEA for 2024 by Environmental Finance magazine. This award underscores the increasing significance of impact data in the evolving landscape of sustainability and ESG reporting, with the judges acknowledging our “real innovation” in the market.
As the ESG landscape shifts, the future belongs to impact-driven data – delivering precise measurements of environmental, social, and governance factors that truly inform investment decisions.