What's the problem?
- Corporate Sustainability or ESG Reports usually focus on the company’s environmental and social practices and do not always cover the most important impact topics that can result from their products and services.
- These reports tend to cover positive remediation initiatives, not negative impacts, as they are written by the companies themselves. Oftentimes, companies may be biased, withholding or accentuating certain information in order to portray a specific image/message.
- When reading these reports, make sure to be critical of the information and any greenwashing.
What You Must Do
- Look beyond business’ practices into the most important impact issues.
- Find sources outside of the company’s CSR report.
- Exercise your critical mind.