“Companies are hiring external consultants to help report on ESG, but there aren’t enough checks to guard against greenwash.”

[COMMENTARY] I suggest the best ESG consultants form an industry standards group so that companies can rely on their advice. For now, investors and companies need to be somewhat wary of external consultants and their reports from jurisdictions that don’t require ‘external assurance.’
How consultants have taken over sustainability reporting – and not for the better, by Hendri Yulius Wuaya and Kate MacDonald, May 8, 2024, Corporate Knights, Canada.