What is ESG and why is it important?

August 24, 2021

ESG or Environmental, Social, and Governance information communicates the social and environmental impacts of your organization. This information can be communicated both qualitatively and quantitatively to investors, donors, and consumers, and audited by an independent auditor. For example, environmental information communicated could be energy use or climate impacts. Social information communicated could be employee health, safety or demographics. Governance information could be corporate policies, or board structure and diversity.

These matters are driving organizational and societal changes across all industries. What information are your stakeholders interested in? Are they looking for more transparency from your organization? ESG information could be disclosed to communicate what your organization is doing about these issues, increase confidence in your organization’s leadership, or relay key risks impacting your organization.

For more information on ESG and sustainability reporting, take a look at one of our previous blogs here.