Scope 3
According to Gensler, he has instructed the agency’s employees to consider including the information in year-end financial statements, or 10-Ks. The Securities and Exchange Commission is also looking at whether companies should disclose emissions from other companies in their supply networks, a process known as “Scope 3.”
Strategically and Operationally
In contrast to outmoded investing strategies, ESG focuses a company’s strategy and operations on a broader set of stakeholders: employees, customers, suppliers, and communities.
Did you know?
Multiple studies have linked ESG initiatives to improved financial returns, largely due to mediating factors such as improvement in innovation,
Utilize High-Quality-ESG Reporting
To demonstrate that a company understands how ESG concerns affect its capacity to create long-term value and to build confidence with shareholders and important stakeholders.
Oil Climbs 5% After Russia Warns of Prolonged Pipeline Outage
Oil prices rose sharply Wednesday after Russia warned a major oil pipeline could be out of service for more than a month due to storm damage, amplifying supply shortfalls caused by the war in Ukraine.
