2019 Nasdaq Copenhagen, CFA Society Denmark & FSR – Danish Auditors: ESG key figures in the annual report
Through joint efforts Danish Finance Society/CFA Society Denmark, FSR – Danish Auditors and Nasdaq Copenhagen issued guidance on ESG key performance indicators in the annual report – with a bit of consultancy from Center for ESG Research.
Investors increasingly integrate ESG disclosures into their company analysis, but also face challenges, as the ESG data provided is often not standardized and comparable, data quality is poor and data can be difficult to find. Furthermore, positive and negative developments in data may not be commented and seen in context of the company’s financial performance. As a result, it can be challenging for management to rely on ESG information internally for decision-making, and such information may be of little value to the providers of financial capital.
In order to take ESG disclosures to the next level, a professionalization is needed.
Available here
2018 – Center for ESG Research in co-work with CDSB: How can companies considering TCFD recommended scenario analysis provide disclosures that help investors: a short guide
This guide proposes a two-stage process to create key outputs from scenario analysis to be disclosed within mainstream reports that help investors in comparing and aggregating company data to portfolio-level data.
Available here
2018 FSR – Danish Auditors analysis: Analysis of the 50 largest Danish companies’ CSR reporting
FSR – Danish Auditors hired Center for ESG Research to investigate the usability of the CSR reports of the 50 largest Danish companies – listed as well as unlisted. The analysis covers both the robustness of the reports, the connotation between the business and the sustainability activities, and not the least the use of the UN’s 17 SDGs.
Available here (Only in Danish – sorry)
2018 UNCTAD/ISAR research paper: Reporting on the Sustainable Development Goals
This research paper provides relevant inputs into UNCTAD’s work by exploring current reporting practices, from an empirical perspective by describingthe reporting practices of the global top 100 listed companies, the use of ESG indicators by ESG rating agencies and considering overarching data principles needed in order to collect comparable and useful data.
Available here
2018 Integrated Ratio Guideline, published by Center for ESG Research
Formula-collection of ESG and integrated ratio-formula. The Integrated Ratio Guideline also holds a range of suggested standard ESG notes to ease the collection of data from the company for the investor.
Available here
2017 TCFD = IFRS + Climate Risks
2015 Investor Oriented Corporate Social Responsibility Reporting, Routledge
A textbook for auditor and financial students
Can be found here
2014 Proposals for boundary setting in mainstream reports, CDSB
Discussion paper on organizational boundary setting by groups of companies or non-financial reporting purposes. Co-authored with Lois Guthrie (CDSB) and Becky Fell (Deloitte)
To be found here
2013 Investororienteret CSR-rapportering, Karnov, Copenhagen (in Danish)
A textbook for Danish auditor and financial students.
5-star review in the Danish CSR-Magazine
You can find the book here