OK, I admit I had to look up the definition of ESG. Yes, all three things are important to manage carefully. We did in the enterprise. I was part of one aspect of that management, But all slapped together in one definition? Do not see it. Yes, they do interact importantly. Hopefully not confusingly. They Matter. Each has a broad set of requirements. And outcomes, Reading.
On Environmental, Social and Governance McKinsey Quarterly, Edited by Katherine Tam , Digital Editor, New York
You may have heard a lot about ESG in recent years. Organizations across geographies and industries have committed to making the acronym—which stands for environmental, social, and governance—a core part of their business models. But what is the value and strategic rationale of ESG for companies?
A new article from McKinsey Quarterly by Lucy Pérez, Vivian Hunt, Hamid Samandari, Robin Nuttall, and Krysta Biniek explores how ESG considerations can help future-proof companies—and also deliver meaningful impact for the outside world. Be sure to check it out and stay ahead of the curve.
Does ESG really matter—and why?
Although valid questions have been raised about ESG, the need for companies to understand and address their externalities is likely to become essential to maintaining their social license. ... '
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