Modeling the link between environmental, social, and governance disclosures and scores: the case of publicly traded companies in the Borsa Istanbul Sustainability Index

Financial Innovation

Table 3 A summary of ESG principles

Number of principles	Number of principles in the new reporting scheme	Number of principles included in the analysis*
In C pillar	10	12
In E pillar	25	24
In S pillar	15	16
In G pillar	2	2
Total	52	54

*Because some principles either include multiple issues or are addressed to another principle or empty in the new EGS reporting scheme, researchers have had to make re-arrangements