Introduction to ESG

Introduction to ESG

ESG (Environmental, Social, Governance) standards help companies measure and showcase their impact; consumers choose where to buy and investors where to invest. Impact is measured on the environment, society and the company's corporate governance – often, companies will determine which of these areas are most important to them, but they are all interlinked and tend to feed into one another.

You must also ensure your people and planet strategy calls for genuine, active senior buy- in and championing. Rather than leaving it to one department or looking to add it on later, it relies on many parties: Board Directors, CEO, CFO, Chief Risk Officer, Chief Sustainability Officer, General Counsel, Chief People Officer, IRO, Head of Communications and Internal and External Auditors, all working together as one.

But before you do anything, you need to get your house in order by making sure people and planet is 100% part of our company’s DNA and that it filters both “top-down” and “bottom-up”.To do that, there are some crucial STEPS to take before you start thinking about your environmental and social impact strategies and communications. One of which is TRAINING and Upskilling yourself and your teams.

This high-level introduction to Environmental, Social, Governance (ESG) will leave you with a strong understanding of how you could embed ESG within your business model and communication strategy and how to measure the impact.