Key takeaways:
- New ESG regulations are coming
- CSR is add on, ESG goes to the heart of business strategy, organizational DNA
- ESG is an opportunity and a must, not a cost
- Money goes ESG, opportunity and jobs will follow
- Big tech and big data may not be compatible with ESG standards.
1. Regulatory developments
„Since 2018, there have been over 170 ESG (environmental, social and governance) related regulatory measures proposed globally – that is more than the previous six years combined.”
https://www.ftadviser.com/investments/2020/05/18/esg-regulations-and-their-impact-on-advice/
2. The difference between CSR and ESG
„But rather than having ESG as an ‘add on’ to business activities, many believe it’s essential to really embed ESG at the very heart of a company, especially when it comes to surviving the low-carbon transition.
3. Five ways ESG creates value and boosts the bottom line
“A strong ESG proposition helps companies tap new markets and expand into existing ones.”
4. 2020 ESG trends to watch
“In 2020, ESG storms the CFO’s office, elbowing its way onto the bottom line as financiers get creative with ways to bind ESG criteria to their terms of capital”
https://insight.factset.com/2020-esg-trends-to-watch
5. Plus one trend to watch: big data in ESG trouble
“The social network giant should not be included in any portfolio of “sustainable” or “ethical” companies given the data privacy and hate speech controversies it faces.”
https://www.investordaily.com.au/analysis/47444-facebook-is-not-an-esg-investment
Sources: FT, NPower, McKinsey, Factset Insight, Investor Daily
Note: What is ESG? https://www.investopedia.com/terms/e/environmental-social-and-governance-esg-criteria.asp