What’s A Surefire Way To Hit ESG Targets? Start With Transparency

  • Date: 18-Oct-2021
  • Source: Forbes
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

What’s A Surefire Way To Hit ESG Targets? Start With Transparency

ESG concept of environmental, social and governance. words ESG on a woodblock It is an idea for ... [+] sustainable organizational development. "takes into account the environment, society and corporate governance Governance is the forgotten word in ESG, especially given how our society has put so much emphasis on environmental and social issues. If we deep dive into what governance really stands for, we see that it's a priority and a necessity for future success. The "g" is immediate, clear and concise. Consider the makeup of a board or factors around the diversity of the workforce. All of these metrics are public and seen by investors, employees and now, more than ever, customers. In addition, in today's world where platforms and data are a part of everyone's strategy, policies and practices that protect and secure that data are paramount—fortified further by substantial evidence suggesting that when properly managed, the "g" aspects of ESG can foster better corporate returns. What's clear is that companies can start making an impact by constructing policies and practices that reinforce their values. Without a plan, nothing changes. We are increasingly seeing consumers, employees and investors hold business leaders accountable. In the past two years, employees