ESG Disclosure Standards as the Silver Bullet to Solve the Climate Crisis?

The reporting space is frantically searching for the right standard to use for “sustainability-reporting” and has to date not accomplished much more than numerous statements of “intention of alignment with each other” by the big players in ESG reporting like EFRAG and the EU Regulator, the WEF-IBC, the “Alliance of ESG standard setters” (CDP, SASB, GRI, CDSB, IIRC), the FSB via the TCFD and the IFRS to just name a few