Why corporate climate reporting should be separated from ESG reporting

Companies today are expected to publish detailed reports to show regulators, shareholders, customers, and other stakeholders how they think and act on a range of issues. The reporting landscape was once limited to annual reports and quarterly financial statements with a specific focus on financial performance and risk. But in recent years, companies have started to report on everything from their corporate social responsibility (CSR) and diversity, equity and inclusion (DEI) practices, to their performance on environmental, social and governance (ESG) factors and their alignment with the...