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Increased ESG reporting shows there is profit in compliance

Research is helping to make the case that ESG disclosures are good for business.

Hameed Shuja

More and more corporations are now disclosing ESG informatioin. Photo: Oil refinery/ Getty
More and more corporations are now disclosing ESG information. Photo: Getty Images
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Oil and gas companies in the US are becoming more transparent around climate-related activities by voluntarily disclosing information about their environmental, social and governance (ESG) performance, a recent study by EY has found.

According to the report, 80% of companies in the US have made disclosures about their scope 1

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