ESG & Other Emerging Technology Applications

  • Sean Stein Smith
Part of the Future of Business and Finance book series (FBF)


Integrated reporting, at the basis of the idea, is a comprehensive reporting framework that reflects both the increasing interest from stakeholders in understanding both how an organization generates results, but also how these results are created (Zhou et al. 2017). Without diving too much into the technical weeds and details associated with integrated reporting, it can be summarized as a methodology to report financial and operational data to external stakeholders. The core of this reporting framework, which has been adopted by a variety of organizations across industry lines on an international basis, can be summarized and highlighted via the multiple capital model. Even the name of the multiple capital model itself appears to connect the concept of more comprehensive reporting to the financial services profession, and includes a wide variety of information. Drilling down into the multiple capital model itself is logical, both from a tactical approach for financial services professionals as well as a strategic headset (Fig. 14.1).


Non-financial reporting Emerging technology Multiple capital model Adidas Coca-Cola Consulting Industry specific platforms Risk assessment 


  1. Avery, H. (2017). The stewardship revolution: Esg-focused asset managers finally grasp the power of their proxies. Euromoney, 48(584), 38–44.Google Scholar
  2. Chender, L. (2019). Nasdaq Nordic launches first ESG index future. Global Investor, N.PAG.Google Scholar
  3. Eisenstaedt, L. (2019). Among the ways accounting firms can stay relevant: Embrace AI and soft skills; kill “Busy Season” mindset. Public Accounting Report, 43(3), 5–7.Google Scholar
  4. Greengard, S. (2017). CIOs are turning to Blockchain technology. CIO Insight, 1.Google Scholar
  5. McLellan, L. (2018). World Bank grabs A$110m with first public blockchain bond. GlobalCapital, N.PAG.Google Scholar
  6. Moy Huber, B., & Comstock, M. (2017). ESG reports and ratings: What they are, why they matter? Corporate Governance Advisor, 25(5), 1–12.Google Scholar
  7. Sharma, D. S., Sharma, V. D., & Litt, B. A. (2018). Environmental responsibility, external assurance, and firm valuation. Auditing: A Journal of Practice & Theory, 37(4), 207–233. Scholar
  8. Zhou, S., Simnett, R., & Green, W. (2017). Does integrated reporting matter to the capital market? Abacus, 53(1), 94–132. Scholar

Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  • Sean Stein Smith
    • 1
  1. 1.Lehman College, CUNYBronxUSA

Personalised recommendations