Big Four accounting firms reveal ESG reporting standards

In an article in the Financial Times published today (22 September), the Big Four - which include pwc, KPMG, EY and Deloitte - have all backed the framework, which has been headed up by the International Business School (IBS), run by Bank of America chief executive Brian Moynihan. The Big Four and the World Economic Forum were invited to identify a set of universal ESG matrics and recommended disclosures that could be reflected in the mainstream annual reports of companies. The result of this process is 21 core metrics and 34 expanded metrics and disclosures, which IBS members are encour...