To achieve ESG goals, a company needs the right leader working with all to execute its ESG priorities in an organization-wide effort.
Customers, employees, and investors are increasingly demanding ESG transparency from companies. Regulators are also starting to require additional disclosure to create comparability between companies. But how can companies ensure good ESG governance when defining ambitions, managing execution, and reporting on their ESG achievements?
In a new 乐鱼(Leyu)体育官网 report, ESG governance: Why it鈥檚 everyone鈥檚 business at your company, we explore the challenges that organizations face in creating effective ESG governance and discuss emerging best practices from our first annual ESG survey and work with clients.
This isn鈥檛 about Governance with a capital 鈥楪鈥� (e.g., executive pay, board diversity) but governance with a small 鈥榞.鈥� To realize ESG aspirations, we believe it is critical that a company creates an ESG-aware culture that permeates the organization so that achieving ESG targets becomes part of 鈥渂usiness as usual鈥� for every employee. It is the job of the company leadership to determine the right ESG strategy, but it takes a team effort by the whole organization to execute.