ESG
Environmental, social, and governance (ESG) factors have become essential considerations for organisations and their boards, regardless of corporate structure or ownership. While ESG originated with publicly traded firms, its principles have growing implications for private companies and not-for-profits as well.
ESG refers to three central non-financial factors when evaluating the broader impacts of an organisation’s operations beyond purely financial returns. These include:
Environmental - How the organisation affects the natural environment through impacts like resource usage, emissions, waste, conservation, and stewardship.
