This article in Education Times suggests that whether companies look at consumer engagement, risk management, or profitability, it is clear, ESG is the future of business.
A few of the key points
- Per a PWC study, 83% of consumers want your company to have an ESG program
- Per the same PWC study, 86% of job seekers want to work for an ESG company
- Per Morgan Stanley, companies with strong ESG programs perform better
- In 2022, Impact Investing reached $1.164 trillion
As we have stated in prior blogs, we do not recommend your company go straight to an ESG program. It is easier for your company to add one thing, rather than three. We strongly suggest you start with becoming environmentally certified sustainable (the ‘E’ in ESG). Once you are happy with that, progress to becoming certified carbon neutral. ESG comes next; followed by becoming certified net zero.
This PPP gives advice on what kind of program you might want to consider.