The Zoological Society of London (ZSL) recently published a blog post on the CFA Institute’s Asia-Pacific Research Exchange (ARX), highlighting for the first time the discrepancies between companies’ commitments and their implementation. Commodity producers were scored against a revised framework of 125 environmental, social and governance (ESG) indicators under 10 categories using publicly available corporate commitments and policies. 

The results show an average of 13% difference between commitment and implementation scores. Among the top scoring companies (those scoring above 66%) only two have implementation scores that match their commitment scores. The remainder have variations in scores ranging between 13.03% and 30.53%. 

 The table below summarizes how many companies reach the top tier (>66%) in each category: