Harvard Alumni: ESG and How to Measure it Correctly
- February 7, 2022
Dear Oxbridge Partners and Affliates,
All members of Oxbridge are members of Harvard Alumni. Every business school would teach you the Balance Scorecard Approach and Environmental, Social, and Governance (ESG). Kaplan is a legend in the business consulting world.
ESG, in its current form, is more a buzzword than a solution to the expanded demands for information on corporate performance.
The breadth of ESG reporting can allow corporations to gloss-over moral tradeoffs when their actions improve one of the reported ESG metrics, such as GHG emissions from its truck fleet, or worsen performance for an unreported metric, as with indentured labor used to mine minerals for electric vehicles’ batteries. Consequently, many ESG reports selectively present only those non-financial metrics favorable to them.
Join Prof. Kaplan for an in-depth discussion about his proposed introduction of a new and comprehensive system for ESG reporting designed to generate ESG data that are relevant and reliable, enabling better disclosure, governance, and auditing of corporate ESG performance.
Event Moderator: Cveti Yotova , MBA ’12
About our Guest
Robert S. Kaplan is Senior Fellow and Marvin Bower Professor of Leadership Development, Emeritus at the Harvard Business School. He joined the HBS faculty in 1984 after spending 16 years on the faculty of the business school at Carnegie-Mellon University, where he served as Dean from 1977 to 1983. Kaplan received a B.S. and M.S. in Electrical Engineering from M.I.T., and a Ph.D. in Operations Research from Cornell University. He has received honorary doctorates from the Universities of Stuttgart (1994), Lodz (2006), and Waterloo (2008).
Since 2010, he has collaborated with Michael Porter on the HBS Value Based Health Care initiative.
In 2021, Kaplan partnered with Oxford professor Karthik Ramanna to create the E-liability method, the first system to accurately measure and report corporate greenhouse gas emissions across corporate supply and distribution chains. The approach, readily extendible to societal and other environmental outcomes, is the first rigorous approach for ESG reporting.
Kaplan has authored or co-authored 14 books and more than 200 papers, including three dozen in Harvard Business Review.
The Oxbridge Team
