In our current climate of heightened awareness and activism, the push from consumers for businesses to adopt sustainable and ethical practices has never been more evident. And investors care, too: They want and need to see more than just profits.
Both parties are looking more and more for companies to have genuine, data-backed commitments to environmental, social and governance (ESG) principles.
But it’s about more than just making better choices for people and the planet. It’s about running a better, more viable business. Thomas Reuters also found that ESG initiatives have moved beyond a risk and compliance approach, indicating that corporate ESG and sustainability strategies are integral components of overall business operations.