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Increased ESG reporting shows there is profit in compliance

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

Hameed Shuja

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

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

This approach

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