ESG Metrics
ESG Metrics are quantitative and qualitative measurements used to assess a company's performance in Environmental, Social, and Governance (ESG) areas. They provide standardized data on factors like carbon emissions, diversity, ethical practices, and board oversight, enabling stakeholders to evaluate sustainability and corporate responsibility. These metrics are increasingly integrated into financial analysis, regulatory reporting, and investment decisions.
Developers should learn about ESG Metrics when building applications for sustainability reporting, impact investing platforms, or corporate compliance tools, as they need to handle structured ESG data. This is crucial in industries like finance, energy, and manufacturing, where ESG disclosure is mandated or demanded by investors. Understanding ESG Metrics helps developers create systems that automate data collection, ensure regulatory adherence, and support data-driven sustainability strategies.