Defining ESG
ESG will not “solve” all of society’s ills or eliminate all risks, but it represents a measured and precautionary approach that seeks to minimize risks and potential harms, while maximizing opportunity to create sustainable outcomes. ESG is neither a “movement” nor a “philosophy.”
ESG-embedding is a rational, proactive, RAM1 organizational response to society’s need to work toward a sustainable world, that is, one where humans can maximize the opportunity to live fruitful lives in reasonable social, economic, and physical security, in an otherwise uncertain world.
ESG is a tool or, more correctly, a toolbox, of interconnected policies, processes, and practical remedial actions, for organizational ...
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