What Goes into a Good ESG Program? (.PDF Download)

Jan. 10, 2022
If 2022 is the year that your organization steps up to the ESG plate, here’s a primer on what goes into an effective environmental, social and governance plan.

An acronym first used by the investment community that has since become mainstream, ESG stands for environmental, social and governance. Defined as a set of standards for company operations, ESG represents risks and opportunities that will impact a company’s ability to create long-term value.

Some of those key risks and opportunities include climate change and resource scarcity; diversity, equity and inclusion (DEI);  safety issues and data security; and board diversity, executive pay and tax transparency, according to PwC. Of increasing importance to companies, their shareholders and other stakeholders, ESG helps those entities measure a company’s value outside of its current financial position by taking into consideration the factors listed above.

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