Companies are increasingly focused on fulfilling their environmental, social, and governance (ESG) objectives. One in 4 CEOs rank ESG as a top-three priority, according to a new survey by the research firm Verdantix.
Yet most companies lack the organizational and technological support to show their progress. Here’s a look, by the numbers, at the business case for comprehensive ESG programs in the enterprise
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Many companies lack board-level experience in overseeing ESG efforts or don’t have adequate data-collection tools and systems.
Well-managed ESG initiatives will deliver higher top-line growth and are more likely to attract top talent.
Research by Isaac Sultan
Sources:
1. CNBC; 2. MSCI; 3. IR Magazine; 4. Cone Communications; 5. PwC; 6. SSRN; 7. Xenophon Strategies; 8. Rock Center for Corporate Governance, Stanford University; 9. Marsh & McLennan Advantage; 10. McKinsey; 11. Zeno
