The increasingly global nature of business and cross-border regulatory compliance means that companies across the world are coalescing around the Environmental Social Governance (ESG) agenda. But in the US, ESG finds itself caught in the firing line between Republican culture wars and has become the focus of intense scepticism and scrutiny.
From South Africa to Finland, ESG is rapidly becoming accepted as a ‘must have’ for corporate credibility – a kitemark for good governance and a business’s overall success. Companies are embracing the new opportunities offered by ESG, such as a more diverse and inclusive workforce, as well as acknowledging the longer-term economic value of mitigating climate change risks.