The implications are clear – organisations need to lift both the sophistication and urgency of their thinking about how climate will impact on business strategy.
ESG has hit the mainstream. For the many people who have dedicated our careers to improving business practices relating to the management of social and environmental impacts this is welcome relief.
Looking after the world we live in for future generations is not just important to communities and society at large, but to business as well. Embedding ESG, or environmental, social and governance principles into a company’s strategy is now a business imperative.
Australia’s current position of ‘preferably by 2050’ is likely to come under increasing pressure during 2021 due to international government regulatory changes as well as rapid changes in the private sector.
Our survey shows that ESG funds outperform non–ESG funds adding to the now well accepted statement that investment returns do not have to be sacrificed for environmental and social benefit
