In 2020, the World Economic Forum (WEF) launched an ESG framework that defines common metrics for sustainable value creation.
More than 140 companies have committed to the International Business Council (a WEF forum) to align their SDG strategies with the long-term goals of society.
The framework has four pillars: Principles of Governance, Planet, People, and Prosperity. Under the four pillars, 21 core and 34 expanded metrics and disclosures have been established.