ESG 공시 표준 체계 통합을 위한 프레임워크 연구

Abstract

Alongside the increasing demand for sustainable management, emphasizing the environmental and social responsibility of companies, many companies identifies climate change as material business risk. For this, new ESG disclosure standards are introduced to measure not only the impact materiality of companies but also the climate-related financial materiality. Furthermore, the global ESG disclosure standards are shifting from voluntary initiative to a mandatory requirement. However, due to different objectives and metrics required by each standards, there is a lack of compatibility among ESG disclosure standards. The study has developed a multi-dimensional and multi-attribute framework to enhance compatibility among ESG disclosure standards such as GRI, SASB, TCFD, and IFRS. The study developed a Meta Disclosure Framework, which assgiend 10 attributes to a metric and categorized all metrics required by each ESG disclosure standards. MDF enables a quick comparison and categorization of metrics of different standards based on the attributes.