ROB ROSE: Calling out SA’s worst-run firms
There is one environmental, social and governance consultancy that isn’t afraid of losing business. And its annual rating of the JSE companies illustrates this
04 August 2022 - 05:00
In the cosy world of ESG assurance — a burgeoning industry of large consulting firms touting to give companies a score based on their nonfinancial performance — Michael Rea is something of an anarchist.
Once a year, his company IRAS releases a score for the 270 firms on the JSE for which it’s possible to put up a rating, whether they like it or not. Unlike the large consultants, he has no problem outing companies covering up atrocious governance, shady labour practices, or poor environmental compliance. ..
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