ESG needs its champions, inspirational people who believe in ESG, who can help drive an authentic ESG approach; in short, it needs its heroes.
Global ESG regulation is set to toughen, introducing new requirements for businesses to report on and to prevent adverse impacts on climate, the environment, and human rights.
Furthermore, ESG is more than regulatory compliance and organisations need to ensure that ESG and sustainability are core parts of business strategy and not just a box-ticking exercise.
In a recent survey by the Quoted Company Alliance, 70% of small and mid-cap companies have a ”very positive” attitude to ESG, and many organisations are aligning bigger goals with long-term incentive plans and milestones.
Investors, employees, and consumers are taking note and placing top priority on ESG and sustainability in their investment, employment and buying decisions, encompassing all stakeholders.
There is healthy debate as to who in an organisation “owns” ESG and what department is responsible for day-to-day operations. Although ultimate ownership of ESG must be at the board level, we believe that ESG Heroes exist everywhere: Finance, HR, Marketing, GRC, Legal and, of course, in small businesses.
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