The primary purpose of ESG (Environmental, Social, and Governance) is to promote sustainable and responsible business practices that create long-term value for companies, investors, and society as a whole.
What impacts a company has on the environment — its carbon footprint, waste management, water use and conservation, and the clean energy and technology it uses.
How a company deals with human rights, racial diversity in hiring, the health and safety of employees and board members, and community involvement.
The fossil fuel industry faces many challenges in delivering affordable energy to the world while at the same time protecting the environment from carbon emissions.
ESG factors are increasingly recognized as critical indicators of a company's performance and its ability to manage risks and opportunities. By integrating ESG considerations into their decision-making processes, companies can identify potential risks and opportunities and make more informed decisions that create value over the long term.Nov 22, 2022
November 16, 2022 - Investors and U.S. financial regulators have made clear that they seek to hold companies and asset managers responsible for public statements they make about ESG. When the Securities and Exchange Commission (SEC) created the Climate and ESG Task Force within the Division of Enforcement with the express purpose of identifying ESG-related misconduct, many public companies and investment advisers started preparing for expected enforcement actions.
Identify potential ESG risks and opportunities to make informed and strategic decisions aligned with key stakeholders.
Develop and execute value-based strategy incorporating climate, social, and governance sustainability elements.
Identify, measure, and report your company’s carbon footprint on the environment to regulators and investors.
Develop and execute long-term strategy to reduce emissions through clean energy and technology solutions.
Understand how critical social issues including diversity, equity, and inclusion (DEI) impact your business and brand.
Develop and execute long-term strategy to enhance DEI increasing brand, and employee productivity and retention.
Understand how proper governance including quality and composition of the board impacts your bottom line.
Develop and execute strategy to effectively structure board independence, and oversight of management.