More sophisticated standards for measuring and measuring the non - financial elements of ESG investments are now required , according to a new report from BNY Mellon . In the absence of common international standards , investors are making such predictions by using industry - wide definitions and frameworks in combination with emerging data sources . The need for more nuanced ways of measuring responsible investing has been increased by the active pursuit of responsible investments that can result in social good .
More sophisticated standards for measuring and comparing the non-financial elements of ESG investments are now required, according to a new report from BNY Mellon. In the absence of common international standards, investors are making such assessments by using industry-level definitions and frameworks in combination with emerging data sources. The need for more nuanced ways of measuring ESG investing has been increased by the active pursuit of responsible investments that can result in social good.