Today’s Business Imperative: Shared & Sustainable Value Creation
For many years, sustainability was little more than a footnote in corporate strategies—written on paper, but disconnected and low on the priority list. Yet the case for sustainable business was steadily building, underpinned by the belief that how companies manage environmental, social and governance (ESG) issues influences long-term resilience, reputation and ROI. Visionary leaders began integrating ESG considerations into their decision-making calculus in earnest, setting a new standard for ethical and responsible business. The nexus of inequality and climate crisis, alongside mounting public pressure for businesses to be part of the solution, upped the ante.
This BDO article sets out a concise and comprehensive explanation of environmental, social and governance framework for businesses.