What is ESG? The initialism ESG stands for the environmental, consumers, and employees demand more social, and governance impacts of an organization. sustainable and equitable business practices. These three key dimensions are how corporate By measuring themes like community and sustainability and ethics are evaluated as well as a social vitality, health and well-being, dignity and lens for investing based on policies to encourage equality, climate change, and risk and opportunity companies to act more responsibly. oversight, ESG strategies are moving toward the ESG strategies are becoming increasingly important center of corporate decision-making. This enables for organizations and leadership teams, regardless both internal and external stakeholders to create of size, annual revenue, or industry. transparency around the metrics of business impact that historically hasn’t shown up in earnings ESG can also be a way for organizations to future- calls and bene昀椀ts conversations. proof their companies as global regulations, 2023 Benefits Trends: The evolving workplace 4
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