Just as financial reporting is not only concerned with returns but the riskreturn trade-off, similarly, non-financial reporting is also about the risks that one creates in the society. I also want to draw a fine distinction between sustainability and CSR.
Jerome H Powell: Semiannual Monetary Policy Report to the Congress Testimony by Mr Jerome H Powell, Chair of the Board of Governors of the Federal Reserve System, before the Committee on Financial Services, U.S. House of Representatives, Washington DC, 2 March 2022.