ARTICLE
17 February 2023

Measuring ESG Metrics Proving To Be A Challenge

TL
Torys LLP

Contributor

Torys LLP is a respected international business law firm with a reputation for quality, innovation and teamwork. Our experience, our collaborative practice style, and the insight and imagination we bring to our work have made us our clients' choice for their largest and most complex transactions as well as for general matters in which strategic advice is key.
ESG assessments and its credibility for determining investment strategies has been a mainstay discussion, with many concerned about the lack of standardized measurements.
Canada Finance and Banking
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ESG assessments and its credibility for determining investment strategies has been a mainstay discussion, with many concerned about the lack of standardized measurements.

Speaking with the Financial Post on the topic, partner and lead of the firm's Climate Change practice Tyson Dyck agreed that "there are many challenges" when it comes to measuring ESG.

Read: Q4 Torys Quarterly: Energy regulation for the approaching energy transition: report from Alberta and Ontario

"Some ESG-related metrics are not easily quantifiable," Tyson said.

"Some metrics may be meaningful for some companies but not others. Different companies may face different challenges in collecting relevant data, especially where data comes from third parties."

You can read more about our Climate Change and ESG work on our practice page.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

ARTICLE
17 February 2023

Measuring ESG Metrics Proving To Be A Challenge

Canada Finance and Banking

Contributor

Torys LLP is a respected international business law firm with a reputation for quality, innovation and teamwork. Our experience, our collaborative practice style, and the insight and imagination we bring to our work have made us our clients' choice for their largest and most complex transactions as well as for general matters in which strategic advice is key.
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