One might assume that consolidating ESG data providers would lead to more coherent assessments.
Surprisingly, that assumption has proven to be wrong. One way to solve this problem might be to rely on purely mathematical models, as they seem to provide objectivity and uniformity. Unfortunately, mathematical measures are culturally biased and appear to lack legitimacy among civil society and the broader public.
Academic research has shown that combining a mathematical and a discursive approach can be an effective way to strengthen the legitimacy of ESG ratings. Read all about it in the second episode of our Ethibel Viewpoint.