KPIs for ESG - DVFA
KPIs for ESG - DVFA
KPIs for ESG - DVFA
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Throughout this document, it is argued that the greatest flaw with respect to <strong>ESG</strong>-related data in current practice is<br />
the narrative <strong>for</strong>mat, which prevents integration into conventional financial analysis.<br />
While supportive prose texts may serve as means of increasing plausibility of quantitative <strong>ESG</strong>-data <strong>for</strong> investment<br />
professionals, accessibility and usability of <strong>ESG</strong>-data is key.<br />
It is recommended that corporates report <strong>ESG</strong>s and respective <strong>KPIs</strong> in a table <strong>for</strong>mat, which allows <strong>for</strong> easy data<br />
extraction and comparability.<br />
The recent developments in the area of interactive data <strong>for</strong>mats suggest that corporates would benefit from<br />
technologies such as XBRL (eXtensible Business Reporting Language). The US Securities Exchange Commission (SEC)<br />
has recently mandated that the 500 largest US firms present their annual financial reports including notes in XBRL. An<br />
XBRL taxonomy <strong>for</strong> EFFAS/<strong>DVFA</strong> <strong>KPIs</strong> <strong>for</strong> <strong>ESG</strong> 1.2 is already available at the homepage of WICI, the global network <strong>for</strong><br />
business reporting (www.worldici.com); a taxonomy <strong>for</strong> version 3.0 will be <strong>for</strong>thcoming.<br />
© <strong>DVFA</strong> April 2010 ALL RIGHTS RESERVED. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any <strong>for</strong>m or by any<br />
means, electronic, mechanical, recording, without the prior permission of the copyright holder.<br />
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