Banks leveraging digital ESG to support customers' green transformation

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17/05/2023Article
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Akiko Gondoh

NRI

Expert Researcher, IT Platform Technology Strategy Department

Digital ESG as an information management platform

Growing interest in ESG investing and ESG-focused management is exerting pressure on companies to swiftly identify and address risks and opportunities across ESG issues related to their businesses, including climate change mitigation and human rights. Some companies are building information management platforms that collect and highlight ESG-related information from both internal and external sources (such platforms are referred to below as “digital ESG”). Use of digital ESG can benefit companies by facilitating management decision-making based on objective data and building consensus among staff and stakeholders on ESG issues that are hard to quantify with financial metrics.

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