We wanted to share a brief deck on how 1Focus is approaching Environmental, Social & Governance (ESG) with and for our clients. There’s a lot to consider with ESG – and our Founder & CEO happens to also teach Sustainable Development & Corporate Social Responsibility at the University level. Bonus!
If you’re wondering what ESG is, it is a set of criteria that set’s standards for a company’s operations that socially conscious investors use to screen potential investments – and actions ranging from activism to deciding who to purchase from. Environmental criteria consider how a company performs as a steward of nature. Social criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Governance deals with a company’s leadership, executive pay, audits and internal controls, and shareholder rights.
As ESG grows in public awareness, there is recognition that standards are not quite gelled yet and in many cases vary from country to country even within, for example, the EU. The same goes for reporting on ESG. While we’re seeing much of this start to come together quickly, there is equal pressure from non-governmental public interests that is driving for greater transparency and responsibility.
ESG is here to stay. If you’re not sure what your organizations role is, we’ve got some key pointers that build on this deck that we would love to share!
You can find the deck here.