ESG in Business

Return to the #101 Newsletter


ESG, which stands for environmental, social, and governance, is a growing trend in the business world. Companies are increasingly using ESG factors to define success and build long-term value for their stakeholders, in response to growing concerns among employees, customers, investors, and communities about the impact of business on society and the environment.

Although progress has been made in standardizing and quantifying measures of companies’ performance on ESG criteria, gauging ESG impact remains a challenging task. The difficulties include unreliability of sources, data changing over time, lack of transparency and consistency in methods, and possible rater bias. This may explain why some companies are ranked in the top quartile of consensus of ESG ratings while simultaneously being among the largest producers of greenhouse gases on the planet.

It’s time for companies to integrate sustainability into their strategy and operations by connecting financial and social performance.

In this edition of the Library Newsletter, we offer a selection of resources available on ESG for the IESE community that could be useful for better understanding the importance of ESG data.

1. Literature about ESG

Discovery – ESG. Books, articles and more.

IESE Insight – ESG publications by IESE professors and researchers.

World Economic Forum. Strategic Intelligence – ESG

• News

Factiva. Comprehensive global news and business information database.
Use Factiva Expert Search functionality to limit results to “ESG/ Investment Stewardship” news. Select the criteria you want to limit on the left-hand facets menu and click Search.

2. ESG Data

Sources where you can find data on:

• Environmental

How well a company upholds regulations that protect the environment.

LSEG Workspace
(For desktop application or web access please email library@iese.edu )
For Environmental company data:

1. Search for a company using the search box on the top left-hand corner of the page.
2. Once on the company profile page, click on the “ESG” tab in the top menu> “ESG statement” tab.
3. On the left-hand filters column, limit by “Environmental” pillar.

For downloading large datasets:

LSEG provides in-depth coverage of environmental-related data dating back to FY 2002.
Type ESG on the search box and retrieve a list of ESG search Apps.

Bloomberg
For Environmental company data:

1. Type on the search box “Ticker Equity FA ESGE” and then click on <GO> (e.g. AAPL FA ESGE).
2. Select the sub-tabs to see additional ESG metrics.

The Bloomberg terminal can only be accessed at the Barcelona Library. See our FAQ: Bloomberg Terminal Access

• Social

How a company treats its own employees, customers, vendors, and the communities it operates in.

LSEG Workspace
(For desktop application or web access please email library@iese.edu)
For Social company data:

1. Search for a company using the search box on the top left-hand corner of the page.
2. Once on the company profile page, click on the “ESG” tab in the top menu> “ESG statement” tab.
3. On the left-hand filters column, limit by “Social” pillar.

For downloading large datasets:

LSEG provides in-depth coverage of social-related data dating back to FY 2002.
Type ESG on the search box and retrieve a list of ESG search Apps.

Bloomberg
For Social company data:

1. Type on the search box “Ticker Equity FA ESGE” and then click on <GO> (e.g. AAPL FA ESGE).
2. Select the sub-tabs to see additional ESG metrics.

The Bloomberg terminal can only be accessed at the Barcelona Library. See our FAQ: Bloomberg Terminal Access

• Governance

This area covers issues such as companies’ tax audits, shareholders rights and top-level executive compensation, as well as the controls placed on these internal policies.

Compustat Execucomp
Access via WRDS and extract large datasets. First time users should register.

LSEG Workspace
(For desktop application or web access please email library@iese.edu)
For company governance data:

1. Search for a company using the search box on the top left-hand corner of the page.
2. Once on the company profile page, click on the “ESG” tab in the top menu> “ESG statement” tab.
3. On the left-hand filters column, limit by “Governance” pillar.

For compensation data:

Once on the company profile page, select “ESG” tab and then “Offices”. This will bring up detailed information on remuneration.

Capital IQ
Search for the company, on the left-hand menu under People and select Compensation.

Pitchbook
In the People screener there is a Gender flag.

• ESG Indexes

LSEG Workspace App
(For desktop application or web access please email library@iese.edu)
Type ESGI on the search box to retrieve data on ESG Indexes.

Bloomberg
Type BESG on the search box and then click on <GO>.
The Bloomberg terminal can only be accessed at the Barcelona Library. See our FAQ: Bloomberg Terminal Access

• ESG Sovereign Data

World Bank Sovereign Data Portal

World Bank ESG Data

• ESG Data vendors   

Environmental Finance ESG Data Guide 2023
Useful starting point for identifying ESG data vendors. Fee and free data.

3. CSR Reports

Search on the company websites for CSR Reports.

Corporate Register
Global online directory of corporate responsibility (CR) reports past and present.
Register required for access (free).

4. Sustainability Reporting Sources & Standard Setting Organizations

EU Sustainable Finance Disclosure Regulation (SFDR)

Integrated Reporting

Global Reporting Initiative (GRI)

CDP – Carbon Disclosure Project

Greenhouse Gas Protocol

Gartner Research
Find Market Guides for ESG Management and Reporting Software.