FRC Lab Calls for participants for a new project on ESG Data
01 Oct, 2021
The Financial Reporting Council’s (FRC’s) Financial Reporting Lab (the Lab) is inviting companies, service and systems providers, investors and other interested parties to participate in a new project looking at how companies produce Environmental Social and Governance (ESG) data.
Investors and other stakeholders are increasingly interested in disclosures on the environmental and social impact of companies’ activities and their governance arrangements. This project will look at the production, distribution and consumption of ESG data. The first phase of the project will focus on the production of ESG data.
The scope of this first project phase will be determined in conjunction with participants but is expected to cover:
- what ESG data companies collect;
- what methodologies companies use to measure ESG data;
- what systems they use to collect and produce the data;
- how they get comfort on the accuracy of the data; and
- how they transform the data into useful external disclosure.
Interested parties are invited to communicate their interest by 15 November 2021.
Further information including the press release and the Call for Participants is available on the FRC website.
