Three exercises to test your ESG strategy

In today’s marketplace, corporate sustainability is far more than a buzz word – it’s an imperative for survival. The means by which stakeholders measure your performance in this sphere are rapidly developing. There are three key elements to understand as your company develops its ESG strategy.

Understand the nuances involved

Corporate social responsibility (CSR) and environment, social and governance (ESG) standards are interrelated, but they are not the same thing. It is important to understand the distinctions to make sure the two are properly aligned. Here are some key questions that will guide you in that process.

Understand both synergies and conflicts

Before your business can craft an effective ESG strategy, it is first necessary to fully understand the relationship between the E, the S, and the G.  These three conceptsare generally…