어느 장단에 춤을 추어야 할까?: ESG 공시기준 경쟁과 기업의 딜레마

ESG has recently emerged as the most important topic in corporate management, but companies are experiencing confusion about which information disclosure framework to use, faced with many disclosure standards. With this in mind, this study aims to achieve two objectives. First, it introduces and analyzes the characteristics of the leading ESG information disclosure frameworks currently in use. Second, in order to determine which information disclosure framework is used by companies representing the international community, it empirically examines the disclosure status of the Global 2000 (G2000) companies listed in Forbes. To do this, the researchers established measurement criteria for ESG information disclosure among the G2000, and then confirmed their disclosure status through website checks and online interviews. The research results showed that G2000 companies are most commonly adopting information disclosure frameworks related to climate change. Additionally, G2000 companies exhibit a phenomenon of “blended reporting” by using an average of more than four information disclosure frameworks. Finally, while the use of multiple information disclosure frameworks by companies can be interpreted as a positive practice to satisfy various stakeholders, it also comes with a warning that it can lead to the fragmentation and confusion of reporting.