Dozens of business leaders this week committed their organizations to using a new set of ESG-related metrics and disclosures developed in collaboration with the Big Four accounting firms.

The 61 signatories, revealed at the World Economic Forum’s Davos conference, will start using ‘stakeholder capitalism metrics’ as an initiative intended to speed up convergence among the main private ESG standard-setters and to bring greater comparability and consistency to ESG disclosures. The metrics are based on other voluntary standards and consist of a set of 21 core – and 34 expanded – disclosures focusing on four areas: people, planet, prosperity and principles of governance.

Companies sign up for new ESG stakeholder metrics | Corporate Secretary