Solving the social dilemma in ESG
Australia’s companies face a number of issues related to environmental, social, and governance (ESG) today, But the way your business approaches its social responsibility is just as important as how you handle your environmental impact, writes Rob Shwetz.
The fight against climate change has proved business can be – and must be – a force for good. Looking around, you will see the commitments to sustainability transformation in just about every aspect of business. From organisation-wide carbon audits to powerful decarbonisation strategies, so many businesses are putting their best foot forward in the march towards saving the planet.
Proactive environmental initiatives are taking the business world by storm. Customers want to support eco-friendly operators. Employees want to work for businesses that do good for the planet. Investors and shareholders increasingly see stability in sustainability. Suppliers want to be part of eco-conscious networks.
The obvious move to eco-friendly business demonstrates the skyrocketing value businesses are placing on understanding and adhering to best-practice environmental, social and governance (ESG) standards.
