Chapter 17 Closing the Data Gap: Preventing the Emergence of Unforeseen Social Risks
Update: 2023-05-19
Description
The gap between policy intent and practice for social factors is poorly measured as most of the data needed to find risks does not exist. The missing risk data is the causality to many socioeconomic problems within organisations. The momentum to embrace reporting non-financial data is being led by ESG (Environment, Social, and Governance) and regulatory change. The time has come for a new way of thinking to address the missing data, especially to measure the S in ESG.
Music by AlexiAction through Pixabay
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AlexiAction through Pixabay
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