Insights5.3.23

The Rise of the 'S' in ESG: Social Practices Companies Can Implement To Improve ESG Performance

ESG

• The importance of the “S” in ESG has increased in recent years for a number of reasons, including: changing consumer attitudes, greater attention to social issues, regulatory pressure, investor demand, and financial performance

Environmental, social, and governance (ESG) criteria have become increasingly important in assessing a company's ethical and sustainability performance. While the environmental and governance aspects often receive the most attention, it is crucial not to overlook the “S,” or social, component – a company's impact on society and its stakeholders. 

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