ESG risk management - the backbone of sustainable business

ESG risk management - the backbone of sustainable business

Whilst companies are currently focusing on the extensive actual and possible impacts of Covid-19 on their business and broader stakeholders, there will soon come a time for reflection and assessment of the suitability and strength of systems, policies and strategies in place. With significant potential for corporates to emerge from the extreme pressure of the current crisis greater and more resilient, some of the principal areas for examination may arguably be in the environmental, social and governance (“ESG”) sphere.

Sustainability reporting – getting to the heart of the issue

Sustainability reporting – getting to the heart of the issue

In a world where ‘business as usual’ is increasingly being called into question by environmental and social risks, such as climate change, resource nationalism and community unrest, companies are looking to provide more clarity on their approach to environmental, social and governance (ESG) risk and opportunity management and to adequately articulate how they control their impacts. However, without one specific international sustainability reporting framework or set of guidelines, companies often find themselves unsure of the optimal ways of presenting information.

The importance of being earnest – putting the spotlight on corporate purpose

The importance of being earnest – putting the spotlight on corporate purpose

Why do companies exist and for whom? Investors are increasingly looking at company purpose and culture to assess the health and prospects of the business.

Whilst it would clearly be an oversimplification to suggest that those companies with a clear purpose succeed and those without fail, it is reasonable to propose that long-term business success is often supported by well-defined strategic focus, underpinned by a business’s long-term purpose.