Responsible Financing and Investment: Identification, Development, and Assessment of Environmental, Social, and Governance (ESG) metrics

•A three-stage approach was developed to establish ESG criteria and metrics•A forensic review of industrially applied ESG risk assessment tools was performed•>60 experts were recruited to establish the importance of ESG criteria and metrics•Environmental component was identified as relatively more important•Developments and a roadmap to integrate ESG into mainstream finance was proposed.