Collecting accurate data about an organization’s environmental, social and governance practices can be challenging – particularly since information is often dispersed among various entities inside and outside of an organization. To ensure that data collected is comprehensive and reliable, stakeholders should consider collecting information directly from primary sources (e.g., public documents such as audited financial statements), secondary sources (e.g., industry publications), third party verification services (e.g., reputable rating agencies), external databases (e.g., corporate registry databases) or surveys conducted internally or externally by experts/consultants whenever available/applicable. Additionally, companies should ensure that all data collected is organized systematically so that it can easily be accessed by stakeholders who require it and updated accordingly on an ongoing basis either manually or automatically using technology solutions such as AI/ML algorithms built into their risk management systems or other platforms specifically designed for managing ESG metrics/reporting requirements efficiently over time.