By Hoang Hung Partner, Vietnam Markets leader, PwC Vietnam In today’s economy, financial metrics reflect only part of a company’s true value. Intangible assets such as talent, customer reach, and brand are increasingly important factors to consider when deciding to invest in or acquire a business. More stakeholders are starting to include ESG factors when they assess a company’s strategy, risk profile, and ultimately, its plan for creating long-term value. ESG factors can also help stakeholders evaluate a company’s brand risks, appeal to customers, and ability to attract talent. Investors realise that ESG factors are important but there is currently a disconnect between what they want to know and what companies disclose. And the reasons behind this disconnect are quite complex. Information divide Through our work with diverse clients, we have observed that investors are very interested in ESG factors and that they consider them when making investment decisions. Investors want to know about a company’s exposure to climate risks, its efficiency and stewardship in using natural resources, the quality and safety of its products, and how it treats its workers. Many companies have started to report ESG factors in response to these increased expectations for more transparency. However, there… Read full this story
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