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Economic Sustainability for Business 101: What is Environmental, Social Governance (ESG)?

By: Sabrina Clarke

· Sustainability

 

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ESG is a standard that measures a company's impact on the environment socially and how accountable and transparent they are.

ESG measurement ranges from net-zero and carbon footprint reporting, labour practices and rights in the supply chain to transparency and accountability of a company's board and operations.

What does ESG have to do with Social and Economic Sustainability?

Accountability, transparency and governance are vital for a business to be socially and economically sustainable. Therefore, incorporating ESG practices and governance enables businesses to have the right measures in place.

My niche of expertise is social and economic Sustainability in business and the supply chain.

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