ESG has become increasingly prominent, and environmental campaigners more assertive. Let’s look at some concrete steps that directors should take when analysing ESG, and especially environmental and social issues.
Consumers have their own part to play in effecting change for a more sustainable future. Multinationals like Unilever believe around 70% of its carbon emissions are down to consumer decisions — the products they purchase and how they dispose of them. But it’s the businesses that can really make the difference — and consumers are starting to realise that.
When business behaviour is changed in ways that support and grow the company, such as responsible sourcing and cutting costs, then ESG doesn’t seem so daunting.