ESG: Data…Data…Digital Gold?

Posted on May 8, 2021 by Steve Kraus

We will see more of this. Government agencies are going to keep requiring companies to produce more data and ESG reporting requiring use of Inline XBRL. Reminds me how the SEC developed the Edgar reporting system over the last 30 years. Next stage for the evolution of ESG and it’s usefulness is all around “proof that it works”. Organizations that build this taxonomy and integrate it with accounting metrics will have a big competitive advantage mining for new factors and metrics using AI and machine learning. Integrating quantitative and qualitative factors will be critical. Seems to me that some micro-caps like ISDR and SRAZ could benefit from this wave amongst others. Below is a good article detailing the trends.

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