Businesses all over the world are being placed under intensifying pressure to play a leading role in fighting some of the planet’s greatest challenges, including climate change, water and food crises, poverty, modern slavery and social inequality. Society is demanding that businesses move away from focusing solely on profit maximisation, and to reconsider their social responsibilities within the communities.
ESG stands for Environmental, Social and Governance – the three fundamental pillars of sustainable reporting. Companies will shortly be required to disclose the non-financial risks and opportunities brought about from the elements of these three pillars, such as:
