NIRI Resources
KPMG Board Leadership Center, "Investor relations takes on ESG," May 28, 2020 (includes interviews with three NIRI members)
NIRI, IR Update, "ESG Ratings Agencies Are Here to Stay," Winter 2020

NIRI Webinar, "ESG Reporting Basics -- A Primer for IR Professionals," May 2019 (replay).

NIRI, ESG Policy Statement, January 2019.

NIRI Webinar Replay, "How Should IR Teams Approach ESG Disclosure," January 2019.

NIRI Webinar Replay, "Changing the Conversation: Sharing Your Company's Long-Term Plans," November 2018

NIRI Webinar Replay, "A Practical and Updated Take on ESG," May 2018.

NIRI, IR Update, "Preparing for the Year of 'S,'" May-June 2018.

Elisse Walter, "Commentary: Witnessing an Evolution: Investors Driving Demand for Sustainability Disclosure," IR Update, September 2017.

NIRI, IR Update, "Shareholder ESG Proposals On the Rise," September 2017.

Pamela Styles, "The Current State of Sustainability Communications," IR Update, June-July 2017

NIRI Webinar Replay, "Sustainability Reporting and Disclosure: How Is This Important for IR?" March 2017

NIRI Comment Letter on
Business and Financial Disclosure Required by Regulation S-K, August 2016.

Barb Brown and Mike Wallace, BrownFlynn, "The ESG Disruption: Don't Be Left Behind," IR Update, March 2016.

NIRI-MIT Sloan School, “Corporate Sustainability Communications Practices Report” 2015

NIRI, IR Update, "How Green Are Your Disclosures?" September 2014.

NIRI, IR Update,  "Shareholder Value: A Myth?" March 2014 (interview with Professor Lynn Stout).

NIRI, Executive Alert, "NIRI Survey Reveals Current Member Posture Towards Sustainability," March 2009.


Additional Resources

ESG Activism  

Nasdaq, "ESG Engagement: State of the Market," December 2020.

Commissioner Allison Herren Lee, "Playing the Long Game: The Intersection of Climate Change Risk and Financial Regulation," November 5, 2020

Cooley PubCo blog, "Oversight of ESG—ten questions for boards," October 28, 2020.

Edelman, "ESG & the 2020 U.S. Presidential Election," September 25, 2020

SEC Commissioner Elad Roisman, "Keynote Speech at the Society for Corporate Governance National Conference," July 7, 2020 (addresses ESG activism and disclosure).

Gibson Dunn, "What Corporate Governance and ESG Professionals Need to Know," June 2020.

Davis Polk & Wardwell LLP, "ESG in the US: Current State of Play and Key Considerations for Issuers," July 2019.

Pamela Styles, Next Level Investor Relations, "ESG/Sustainability: Anticipating 2019 On The Heels Of 2018 Developments," February 2019

BlackRock, "Larry Fink’s Annual Letter to CEOs: Purpose & Profit," January 2019.

Edelman, "5 Best Practices for ESG and Passive-Investor Activism," January 2019.

Leaders Arena, "Effective ESG Communication Strategies to Address Increasing Investor Collaboration," September 2018.

Sally Curley, Hong Kong Institute of Chartered Secretaries, "The ESG Imperative," August 2018

Clermont Partners, “The New ESG Communications Mandate,” June 2018.

Sally Curley and Carol Nolan Drake, Corporate Secretary magazine, "Tackling ESG: Investors’ Messages for Governance Teams," May 2018.

Sally Curley and Carol Nolan Drake, Corporate Secretary magazine, "Tackling ESG: Concerns About Regulation and Materiality," May 2018.

Pamela Styles, "ESG / Sustainability – Are Companies Realizing Real ROI?" May 2018.
BlackRock, "Larry Fink’s Annual Letter to CEOs: A Sense of Purpose," January 2018.

Denise Kuprionis and Pamela Styles, "Translating Sustainability into a Language Your Board Understands," February 2017


ESG Disclosure/Integrated Reporting

Pamela Styles, Next Level Investor Relations, "Corporate Sustainability Performance – Setting the Stage for ESG Data Analysis by Humans and AI Bots Alike," November 17, 2020.

Governance & Accountability Institute, "Which KPIs and Data Sets Really Matter?" October 2020

World Economic Forum, "Measuring Stakeholder Capitalism Towards Common Metrics and Consistent Reporting of Sustainable Value Creation," September 2020

FTI Consulting, "The Seven Sins of ESG Management," September 23, 2020.

FactSet, "100% Increase in S&P 500 Companies Citing 'ESG' on Earnings Calls in Q2 vs. Q1," September 11, 2020

IR Magazine, "SASB and GRI to Provide Guidance on Joint Implementation," July 13, 2020.

Society for Corporate Governance, Curley Global IR, and Carlow Consulting, "ESG Implementation Guide: Getting Started," July 2020

U.S. Government Accountability Office, "Disclosure of Environmental, Social, and Governance Factors and Options to Enhance Them," July 2020

Pamela Styles, "What is Greenwashing? The Importance of Maintaining Perspective in ESG Communications," July 2, 2020.

KPMG Board Leadership Center, "Investor relations takes on ESG," May 28, 2020 (includes interviews with three NIRI members)

Brian Tomlinson, Director of Research, CECP's CEO Investor Forum, and Kevin Eckerle, Director of Corporate Research and Engagement, Center for Sustainable Business, New York University, IR Magazine, "Why you should discuss ESG on the earnings call," May 27, 2020

NYU Stern Center for Sustainable Business and CEO Investor Forum at CECP, "ESG and the Earnings Call: Communicating Sustainable Value Creation Quarter by Quarter," May 27, 2020.

Recommendation of the SEC's Investor Advisory Committee Relating to ESG Disclosure, May 2020

Nasdaq, "ESG Disclosure in 2020 Proxy Statements," May 13, 2020

David M. Silk, David A. Katz, and Sabastian V. Niles, Wachtell, Lipton, Rosen & Katz, "U.K. and EU Regulators Move Ahead on ESG Disclosures and Benchmarks," April 26, 2020

Pam Styles, "Corporate ESG Stakeholders – Supply Chain Management – What’s in Your Supply Chain Mix?" April 21, 2020

Sustainable Stock Exchanges Initiative, ESG Disclosure Guidance Database.

Task Force on Climate-related Financial Disclosures (TCFD), "Good Practice Handbook," 2019.

McKinsey & Co., "More than values: The value-based sustainability reporting that investors want," August 2019

Pamela Styles, "ESG/Sustainability: Getting On the Offense with Competitor Analysis," August 2019

NIRI Webinar, "ESG Reporting Basics -- A Primer for IR Professionals," May 2019 (replay).

Nasdaq, ESG Reporting Guide, May 2019

International Integrated Reporting Council (IIRC), U.S. Resources.

CPA Journal, An Interview with Richard Howitt, IIRC CEO," March 2019.

Hilary Young, Etsy, "Why Etsy Is Integrating Our Sustainability Reporting With Our Financial Reporting," February 2019.

Nareit, "Guide to ESG Reporting Frameworks," February 2019

Edison Electric Institute, ESG Voluntary Reporting Templates

Meeting of the SEC's Investor Advisory Committee, Discussion Regarding Disclosures on Sustainability and Environmental, Social, and Governance Topics, December 2018

U.S. Chamber of Commerce, "Corporate Sustainability Reporting: Past, Present, Future," November 2018

International Integrated Reporting Council, "Coca-Cola’s Integrated Thinking: Does an integrated report need to be one report? November 2018.

SEC, File No. 4-370, Cynthia Williams et al., "Request for Rulemaking on Environmental, Social, and Governance (ESG) Disclosure," October 2018

BrownFlynn, "Navigating ESG Disclosure: Market Trends and Strategic Opportunities," September 2018.

Governance & Accountability Institute, "Flash Report: 85% of S&P 500 Index Companies Publish Sustainability Reports in 2017," March 2018

Governance & Accountability Institute, "Using The GRI Sustainability Reporting Framework Improves the Quality of ESG Disclosures," July 2017.

Recommendations of the Task Force on Climate-related Financial Disclosures, June 2017.

Michael Krzus, BrownFlynn, "Integrated Reporting for a Long-term Strategy," March 2017

GRI Disclosure Database

Sustainable Purchasing Leadership Council 

Science Based Targets

ESG, SRI, and Impact Investing Trends

US SIF, "Report on US Sustainable and Impact Investing Trends," November 2020.

CFA Institute, "Climate Change Analysis in the Investment Process," September 21, 2020.

State Street, "Beyond Mechanics: The Intersection of Securities Lending and ESG Investing" (2020).

Matt Kirdahy, Water & Wall, "How We Talk ESG in a Post Pandemic World," June 16, 2020.

Small Cap Institute, "It Might be Time for Small-Caps to Start Caring About ESG," May 2020

T. Rowe Price, Sustainable Investing/ESG Report, April 2020.

Sakis Kotsantonis and George Serafeim, Journal of Applied Corporate Finance,  "Four Things No One Will Tell You About ESG Data," July 2019.

Clermont Partners, "The Rise of the 'E' and 'S' in ESG Investing," June 2019

Pamela Styles, Next Level Investor Relations LLC, "ESG/Sustainability: A Differentiator For Sell-Side Coverage?" May 2019.

Allianz Life Insurance Co., How ESG Factors Influence Consumers and Investors, April 2019

Harvard Business Review, "The State of Socially Responsible Investing," January 2019.

Pamela Styles, Next Level Investor Relations LLC, "ESG Investments Reach All-Time High: Is It Time For A Sustainability Strategy?" November 2018.

The Forum on Sustainable and Responsible Investment, “US Sustainable, Responsible and Impact Investing Trends” (2018)

Ipreo, "How ESG Drives Investment Decisions: Perspectives from the Buy Side," January 2017.

EY, "Sustainable Investing: the Millennial Investor," 2017.

Sakis Kotsantonis, KKS Advisors; Chris Pinney, High Meadows Institute; and George Serafeim, Harvard Business School, "ESG Integration in Investment Management: Myths and Realities," Spring 2016.

US SIF Foundation, "Biennial Report on US Sustainable, Responsible and Impact Investing Trends" (2016).


Long-Termism, Long-Term Plans, and Corporate Purpose

FCLT Global, "The Dangers of Buybacks: Mitigating Common Pitfalls," October 2020.

SquareWell Partners, "Making Corporate Purpose Tangible," Spring 2020.

Jeff Majtyka, Ellipsis,, "Why Earnings Guidance Matters," June 16, 2020.

FCLT Global, "Power Play: The Long-term Impact of Multi-class Shares," April 2020.

CECP and Edelman, "The Long-Term Imperative: How Companies Can Respond," January 2020

BlackRock, "Larry Fink’s Annual Letter to CEOs: A Fundamental Reshaping of Finance," January 2020.

Business Roundtable, "Redefined Purpose of a Corporation: Welcoming the Debate," August 2019.

Business Roundtable, "Statement on the Purpose of a Corporation," August 2019.

Directors & Boards, "SEC Chief Takes on Short-Termism and ESG," July 2019.

SEC Chairman Jay Clayton, "Statement at the SEC Staff Roundtable on Short-Term/Long-Term Management of Public Companies, Our Periodic Reporting System and Regulatory Requirements," July 2019.

Brandon B. Boze, ValueAct Capital, and Prof. David Larcker, Stanford Graduate School of Business, "The Business Case for ESG," June 2019.

FCLT Global, "Harnessing Stewardship Codes for Long-Term Value Creation," June 2019.

Director & Boards, "Boards Can Balance Profit & Social Purpose: An Interview with Judge Leo Strine," 2Q 2019.

CECP, "Emerging Practice in Long-Term Plans: How CEOs Talk About the Long Term," April 2019

FCLT Global, "Driving the Conversation: Long-term Roadmaps for Long-term Success," February 2019.

BlackRock, "Larry Fink’s Annual Letter to CEOs: Purpose & Profit," January 2019.

CECP, Strategic Investor Initiative, "Method of Production of Long-Term Plans: How and Why Corporations Choose to Talk About the Long Term," January 2019.

Christina Rehnberg, George Serafeim, and Brian Tomlinson. "Why CEOs Should Share Their Long-Term Plans with Investors," Harvard Business Review, September 2018.

Ceres & KKS Advisors, "Systems Rule: How Board Governance Can Drive Sustainability Performance," 2018.

KKS Advisors & Generation Foundation, "The Value of Corporate Purpose: A Guide for CEOs and Entrepreneurs," May 2017.

George Serafeim and Claudine Gartenberg, "The Type of Purpose That Makes Companies More Profitable." Harvard Business Review, October 2016

NIRI, IR Update,  "Shareholder Value: A Myth?" March 2014 (interview with Professor Lynn Stout).


ESG Ratings

NIRI, IR Update, "ESG Ratings Agencies Are Here to Stay," Winter 2020

MSCI ESG, "Is ESG All About the ‘G’? That Depends on Your Time Horizon," June 2020.

IR Magazine, "IR Teams Increase Focus on ESG ratings, but Find Fault with Analysis," March 2020

SustainAbility, "Rate the Raters 2019: Expert Views on ESG Ratings," February 2019

American Council for Capital Formation, “Ratings that Don’t Rate: The Subjective World of ESG Ratings Agencies,” July 2018

Davis Polk & Wardwell LLP, "ESG Reports and Ratings: What They Are, Why They Matter," July 2017.

Manhattan Institute for Policy Research, "Commentary:'Sustainability Standards' Open a Pandora's Box of Politically Correct Accounting," March 2017.


Sustainability Accounting Standards Board (SASB) Resources

IR Magazine, "SASB and GRI to Provide Guidance on Joint Implementation," July 13, 2020.

SASB, Engagement Guide (for Asset Owners & Asset Managers)

SASB, Implementation Primer (for Issuers)
SASB, "Approach to Materiality & Standards Development"

SASB, "Corporate Perspectives" web page.


If you have suggestions regarding additional resources that could be added to this library, please email Ted Allen, NIRI vice president for communications and engagement.