ESG is not only good for society, it is good for your share price, but it can only be truly effective if it is ingrained into a company’s culture. A culture that embraces ESG, which puts ESG thinking at its core, is better placed to thrive long-term and is more competitive in the labour market.
The ESG Culture Awards celebrates companies and institutions which weave ESG into their culture, becoming a vital thread in the tapestry of their organisation.
According to BofA Global Research, companies with lower carbon emissions have higher share prices relative to their net value than organisations with higher emissions. So that’s why we say ESG is good for your share price.
Yet, according to EY, commitment from the board to make decisions that fully integrate ESG has the most significant impact on a company’s ability to generate long-term value from ESG.
These awards help shine a spotlight on ESG and corporate culture, supporting a win-win — more successful business, a cleaner world, a more fulfilled workforce.
Perhaps the most important trend of the decade (and maybe the next decade) is the shift to net-zero. Companies that can lead the way may well be the corporate success stories of this time. That’s why we think ESG supported by culture is so important.
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