Skip to Primary Navigation

OPINION: ESG or bust

Oil extraction, Tar Sands, Alberta, Canada.
Tar Sands in Alberta, Canada Photo: Veronique de Viguerie. /Getty Images

Jelena Savic-Brkic discusses the standardization of ESG reporting and says ESG 2.0 can deliver superior long-term financial and societal value.

ESG efforts have faced criticism and negative press over the years, but the increasing maturity of adoption could play a pivotal role in restoring trust and resilience in the economy.

Market overview

Today, ESG reporting is becoming mandatory for certain large Canadian institutions. Canada established the Canadian Sustainability Standards Board