By Michael Dardick
November 8, 2021
Environmental, Social, and Governance (ESG) issues and its variations have been around for a long time, but its importance and urgency have recently elevated within the business community.
Specifically, 2020 brought ESG to the forefront as the pandemic, and climate-related disruptions, along with growing recognition of social inequities, prompted a growing focus on ESG. Businesses began to look at how to run their companies through the ‘ESG lens.’
As PWC put it, “Goodbye theory, hello action!”
ESG represents risks and opportunities that impact a company’s ability to create long-term value, including climate change and resource scarcity; diversity and inclusion; safety issues; data security; board diversity; executive pay, and tax transparency, to name a few.