Is ESG drowning in a flood of data providers?

As investors and policymakers demand greater transparency on companies’ environmental, social and governance credentials, a small army of start-ups is taking on the data challenge – though some wonder if this is helping or hindering matters.

Two years ago, Larry Fink, CEO of the world’s biggest asset manager, BlackRock, first warned that “climate risk is investment risk”, stressing the importance of both data and disclosure in managing this risk.