Growing Environmental Social and Governance (ESG) Commitment in the United States and Europe

A study of 1,250 managers of companies with +500 employees in the US, UK, France and Germany, produced these results:

• 83% believe ESG factors directly impact a company’s brand reputation
• 87% will maintain or increase ESG program spending
• Environmental issues are viewed as most important; but focusing on all three is also viewed as important

Clearly, ESG is growing in importance with larger companies.  This will directly impact, and present opportunity, for the smaller companies that serve them; as the large companies with ESG commitments, have Scope 3 requirements, which include selecting certified sustainable / carbon neutral vendors to serve them.