In the realm of infrastructure investment, the reliability of environmental, social and governance (ESG) data holds immense importance, yet it remains a challenge. From asset owners to managers, the need for accurate data underscores decision-making processes and impacts investment strategies and risk management.
In this article, we delve into the nuances of ESG data quality, uncovering common misrepresentations, such as incomplete scope coverage and inconsistent methodologies, while exploring solutions such as standardized data coverage methodologies and quality checks on application of third-party verification schemes.
How can accurate data quality support asset owners and managers?
Accurate ESG data quality can significantly enhance the decision-making capabilities of asset owners