In case any doubts persisted about the importance of ESG to businesses around the world, a recent report by legal and business services provider DWF made clear the pressing need for companies to have a solid ESG strategy. Published in November 2021 and based on a survey of 480 senior executives around the globe, the report highlighted various ways in which poor ESG practices are affecting businesses.
One of the most striking findings looked at how companies are missing out on business opportunities: 59% of respondents said that they had lost work as a result of ESG issues within their business. Not only does this confirm the pressing concern about ESG, but it also illustrates the need for businesses to have solid ESG practices in place now, not just in the near future.
