Table A2.

Distribution of ESG Controversies

Part A. Number of ESG controversies by type and geographical region
ESG controversies
Geographical regionEnvironmental pillar (E)Social pillar (S)Governance pillar (G)Total
North America55414,2862,00616,846
Europe4398,7657699,973
Asia-Pacific2504,8943975,541
Africa639141438
Central/South America8553451670
Middle East283388
Developed markets1,12125,9133,05530,089
Emerging markets2153,0402123,467
Total1,33628,9533,26733,556
Part B. Number of ESG controversies by type and industry classification
ESG controversies
TRBC economic sector classificationEnvironmental pillar (E)Social pillar (S)Governance pillar (G)Total
Technology485,4625576,067
Consumer cyclicals2374,6714145,322
Financials194,4516425,112
Industrials453,4022953,742
Healthcare752,9966493,720
Consumer Non-Cyclicals613,2592463,566
Basic materials3241,9761462,446
Energy3771,6191712,167
Utilities148864601,072
Real estate213352187
Other012035155
Total1,33628,9533,26733,556
Part C. Distribution of ESG controversies by type, category and year
Controversy typeCategoryPillar20022003200420052006200720082009201020112012201320142015201620172018201920202021Total
EnvironmentalResource use(E) environmental00000008683310365260245971342052231651,336
Anti-CompetitionComunity(S) social525472761071051711932682232122923671825024794947026485775,776
Business ethicsComunity(S) social464585115168902243224674093134624071865806235285252871636,045
Intellectual propertyComunity(S) social6362867484822042443821821119260124071118150113842,314
Critical countriesComunity(S) social014331940223844665428121136228
Public healthComunity(S) social1422163452345626735748795117351632553343793
Tax fraudComunity(S) social89192618151236403923512430373811216610863874
Child laborHuman rights(S) social013191486141196125102326113
Human rightsHuman rights(S) social111224203226453950221226195831061921410
Consumer complaintsProduct responsability(S) social32294155525313199172129891021626977771551381761672,005
Customer health and safetyProduct responsability(S) social131321405262891201721339213919259246173104188962032,207
PrivacyProduct responsability(S) social3379172020263364505699571141492522441531851,561
Product accessProduct responsability(S) social432303231288152393261329130
Responsible marketingProduct responsability(S) social848111513729218018517719019035294410211286651,618
Responsible R&DProduct responsability(S) social01010277991165222520172
Diversity and opportunityWorkforce(S) social22232549426977748178856563452955706637541,109
Employees health and safetyWorkforce(S) social262229396840110105208190156157169374819513593571,659
Wages working conditionWorkforce(S) social000013217713723619516219518010911410688162145992,039
Management compensationManagement(G) corporate governance223223235618174233272018227141414361618472
AccountingShareholders(G) corporate governance211220222838415217177151711161642574526520
Insider dealingsShareholders(G) corporate governance2828243038341521201822261712191328141717441
Shareholder rightsShareholders(G) corporate governance00000102710311087101675234271091801967401,834
3733765096318547591,4181,7012,6762,1431,7082,1352,2041,0062,1972,0262,4643,0712,5062,79933,556
Source(s): Authors’ own work based on Refinitiv Business Classification (TRBC)

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