The WEF Stakeholder Capitalism metrics were developed following the 2020 Annual Meeting in Davos. Supported by 120 of the world’s largest companies, the “core and expanded set of ‘Stakeholder Capitalism Metrics’ and disclosures can be used by companies to align their mainstream reporting on performance against environmental, social and governance (ESG) indicators and track their contributions towards the SDGs on a consistent basis.” These metrics, which are based on existing standards (such as GRI and SASB), are intended to accelerate “convergence among the leading private standard-setters and [bring] greater comparability and consistency to the reporting of ESG disclosures.”

The specific metrics and disclosures (including 21 core and 34 expanded) are divided into four major areas:  (1) people, (2) planet, (3) prosperity, and (4) governance. The metrics focus on such issues as:

• People

  o Diversity and inclusion (%)
  o Pay equality
  o Living Wage
  o Health and Safety (%)

• Planet

  o GHG emissions
  o TCFD implementation
  o Land use and ecological sensitivity
  o Water consumption and withdrawal

• Prosperity

  o  Rate of employment
  o Total R&D expenses ($)
  o Total tax paid
  o Social value generated (%)

•  Governance

  o Setting purpose
  o Governance body composition
  o Anti-corruption
  o Alignment of strategy and policies to lobbying