It’s becoming an all too familiar refrain: Investors need better data on companies’ environmental, social and governance (ESG) performance. And that refrain is typically followed by the litany of problems that exist with the current sources of ESG data.

What the giant investment management firm is looking at in 2021: “The climate transition presents a historic investment opportunity.” It has become an annual tradition. For years now, investment management company BlackRock’s CEO Larry Fink writes a letter an annual letter, aimed at other business leaders.

Most GreenBiz readers are well aware of the complex sustainability reporting landscape. It seems like every year new reporting standards or frameworks are added to the overstuffed workload of the corporate sustainability professional.

As the former Chief Executive of GRI, I worked on establishing global ESG (Environmental, Social and Governance) disclosure standards. After stepping down, I have joined a carbon management startup company – Persefoni AI.

The same degree of rigour is needed as standards for reporting on a company’s financial performance, argue Tim Mohin and Bob Eccles The time has come for mandated reporting of a company’s sustainability performance.

In the early months of 2020 we heard much from the European Commission about the ‘Green Deal’ – an ambitious package of measures for the EU to achieve carbon neutrality by 2050.

The expectations on companies to be transparent about their ways of working are greater than ever before. Nowhere more so than in the area of supply chain management. In our globalized economy, how businesses outsource as well as purchase often determine the majority of their impacts on people and the planet.

David Dodwell’s article, “Capitalism is in crisis. It cannot be business as usual for very much longer” (September 23), put forward that capitalism needs a “painful reset” to change focus from economic growth to improving livelihoods.

By Tim Mohin, Chief Executive, Global Reporting Initiative The pledge by 181 CEO members of the Business Roundtable that their companies will now serve all stakeholders, not just shareholders, has ignited fierce debate.

A welcome development this week was the declaration from 181 chief executives of US companies to operate in a way that values and recognizes all their stakeholders.