The ushering in an era of open data in the ESG governance sphere brings out a radical transparency and trust among the investor community. The emergent risks of transnational climate litigation such as the shell case in Nigeria or modern slavery triggers in SE Asia, good reporting is beyond compliance as it is risk mitigation towards black swan activist action that can short a stock and collapse shareholder value.
Why should I do ESG reporting should not even be a question, rather what are my risks is a better frame to look at ESG.