What is ESG and How Can Businesses Manage It?
Environmental, social, and governance (ESG) is a framework used by businesses, investors, and consumers to determine how conscious an entity is with respect to those three concepts. Consumer awareness paired with an increase in government regulation have shifted businesses’ priorities. For many large corporations, ESG now tops the list. Today’s consumers want to know where their products and services come from and that the companies behind them operate with ESG factors in mind.