Beyond the Big Three: The Rise of the ‘M’ in ESGM — Tackling the Missing Information Gap in Sustainability Reporting

When we talk about ESG — Environmental, Social, and Governance — we imagine transparency, accountability, and measurable impact. Yet, one silent factor continues to distort sustainability assessments across the globe — missing information.
This gap has become so significant that researchers and analysts now propose a fourth dimension to ESG: “M” for Missing Information. Together, this gives rise to ESGM, a broader and more realistic framework for corporate responsibility.