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The dangers of disinformation for companies

This year, digital bank runs and reputational crises have served as a warning to business leaders to take the influence of social media on stakeholders much more seriously.

The dramatic collapse of Silicon Valley Bank this year has been described by politicians as the “first Twitter-fuelled bank run.” Having invested a lot in its relationship with depositor customers through fancy events and expensive wines, the bank likely felt confident in the loyalty of its customer base.

However, rising in

Is ESG a pipe dream for fossil fuels?

The proliferation of sustainability accounting standards is leading to 'reporting fatigue', but how is this impacting the validity of data? Rebecca Pardon reports.

Nowhere are corporate social responsibility efforts more proudly displayed than in a company’s sustainability report. Between photos of blooming flowers and laughing children, companies find the space to add their environmental, social and governance data, including their carbon footprint or the numbers of women on boards. Many global businesses already voluntarily report climate information: today, 96% of the world's leading 250 companies report on sustainability, according to a KPMG study. But the information that is carefully selected to be disclosed differs wildly for each company.

The business of carbon accounting is booming as regulators, investors and consumers demand more information about corporate greenhouse gas emissions, but a confusing alphabet soup of ESG regulations has led to some concerns around the validity of the data being released.

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