As the demand for greater ESG transparency grows, companies are faced with the challenge of understanding why they are given the ratings that they receive. ESG rating agencies such as MSCI, S&P Global, Sustainalytics, Refinitiv, and Bloomberg, among others, are becoming increasingly influential, as asset managers rely upon them to understand how companies approach key sustainability issues. Investors, customers, and other stakeholders also consider these ratings when interacting with companies.
Seneca ESG has the capabilities to guide companies to better understand the assessment and rating process, and provide consulting services to help improve the outcome. Furthermore, our EPIC software platform helps to automate and manage much of the ESG data collection, tracking, and reporting process, so that in subsequent years, it is as simple as doing a data export, for use in your annual sustainability reports. Contact us to learn more.
Select ratings agenc(ies) to better understand their methodology
Assess materiality of certain ESG categories as related to your industry and sector
Identify metric discrepancies between your ESG processes and perceived performance
Compare your ESG rating and performance against market, industry, and sector peer
Understand market and industry trends, and how they impact your company
Prepare and position your company for continued ESG ratings improvement
Clarify material ESG issues relevant to your business and sector
Identify business operations, policies, and procedures for improvement
Establish new initiatives for operational improvement and external reporting
UK’s accounting regulator, the Financial Reporting Council (FRC), will monitor whether auditors are making spot checks on their compliance with environmental, social, and governance (ESG) reporting requirements in company audits, as reported by Reuters on January 30. On the same...→
Beijing-Shanghai High Speed Railway [601816:CH] published its first ESG report for FY20 on November 15, as reported by XinhuaNet on the same day. It is the first time for the company to disclose its ESG policies and performances, strictly following...→
Singapore Exchange Regulation (SGX RegCo) on August 26 proposed revisions of the listing rules to demand sustainability-related reporting from listed companies, according to The Business Times on the same day. The bourse would require listed firms to disclose their ESG...→
Amid the rising awareness of ESG issues, Asian governments are prioritizing ESG related regulations and developing rules to push forward more accountable and sustainable development of companies. The Hong Kong Stock Exchange (HKEX) is proposing changes to its Corporate Governance...→