As the 2020s progress, discussions about climate change, the environment and issues related to equality and diversity are at the forefront of many people’s minds.
The corporate world is no exception, with banks, energy producers and a host of other major businesses keen to trumpet their sustainability credentials through advertisements, pledges, social media campaigns and a range of other initiatives.
Many of these claims are now viewed through the prism of ESG, or environmental, social and governance.
It’s become a hot topic in recent years, with a wide range of organizations attempting to boost their sustainability credentials — and public image — by developing business practices which they claim chime with ESG-linked criteria.
But here’s the rub: Definitions of ESG often vary and are hard to pin down. That, in turn, can create a headache for businesses looking to toe the line with regulators and authorities.
Take the…
