What is ESG Data and how to use it?

0:00:30 - What is ESG Data?
0:01:16 - Data Sources & Collection
0:01:54 - ESG Data Use Cases
0:02:16 - ESG Data Quality
Read the whole data guide here:
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Our topic today is ESG Data. With sustainability becoming increasingly important in business, environmental aspects of a business may have a huge impact in a company’s future.
(ESG )Environmental, social and governance topics represent the three main factors which measure the sustainability and ethical impact of an investment in a company or business.
In this video will learn what ESG data is, how it is collected from different sources, and how it is been used in business.
What is ESG data?
ESG data is knowledge on how good a company is at managing and disclosing non-financial factors that are relevant to the long-term health of its business and its license to operate.
Environmental
how corporations respond to climate change, how good they are with water management
Social
how effective their health and safety policies are in the protection against accidents, how they manage their supply chains, how they treat their workers
Governmental
whether they have a corporate culture that builds trust and fosters innovation.
Data Sources
ESG, annual and proxy reports
statistics on companies ESG performance can be directly aggregated from the company’s external reporting via scraping and NLP
Government & NGO websites
Similarly, on a national level, the data can be collected from government and NGO reports
Other and alternative sources ( 3rd party)
financial news and reports, company reviews and social media.
How to use ESG data?
In essence ESG Data can be used like any alternative data for financial analysis purposes. This is why investors and hedge funds, willing to make better investment decisions, use ESG Data to identify companies with lower financial risks due to their promising environmental or other practises.
ESG Data quality
Data sources are non standardized and provided by companies themselves. This can lead to occasional bias
Use of alternative data sources like company reviews and social media can help to balance the bias that is at times associated with company provided information.
While company reports are not updated that often, some alternative ESG Data sources like social media and company reviews can give you timely insights that make you smarter than your competitors.
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[@leratotakalo5997]

Thank you

[@hajamohaideen4537]

Very nice

[@chaosnara4448]

Simplistic, yet comprehensive. Great work!

[@vitodanelli]

Do Chinese firms follow ESG practices? I’m guessing no. U.S. corporations are cool with outsourcing jobs to foreign countries but they will do ESG practices for public display.

[@johndough23]

ESG reminds me of the Twilight Zone episode called "How to Serve Man". Looks great till you remember the people running it are not In Society the rest of us are.

[@d.owczarzak6888]

Exactly !

[@alinacheporniuk9050]

Thank you!

[@d.owczarzak6888]

Down with ESG !!! Down with DEI !!!

[@garudastan]

land, consumer behavior, client behavior, govenement behavior

[@RameshwarPrasad-n7f]

I think esg data sourcing is a challenge

[@assassin3003]

All these videos probably have 50 times more dislikes but you just can't see them anymore

[@sa3270]

People need to resist ESG. Write to your state legislators and tell them you want them to take measures to make ESG and social scores illegal.

[@gokulkrishna4011]

Then call for a strike . U get out on the streets

[@NA-hy9qj]

Can i extract data about companies from the governments?

[@prasannavenkatesan6112]

How to increase the data collection ? Focusing on "E" on environment for example ?

[@StudleyDuderight]

Looks like Americans are getting tired of woke ESG nonsense. Let's ask Anheuser-Busch how ESG is working out for them.

[@TutRuchi]

H😢😢😢😢😮u। 🎉 0:49 😅😮

[@teodoropacol7921]

be one of ESG FOLLOW ME

[@adrianarchie]

why so evil? ESG=Chinese Social System...

[@positiveandstrong]

🤣🤣🤣