CHAPTER 3

ESG Landscape and Importance Today

ESG’s Unprecedented Importance for Business

As corporations today have attained a size and scale comparable, or even larger than, entire countries, their actions have attained a level of impact that can be greater than that of entire governments, which justifies the need for checks and balances to ensure responsible behavior. Today, there is arguably an unprecedented level of pressure for companies to take ESG considerations seriously in their decisions. Not only is there a promise of better performance when ESG makes its way into core strategic considerations, but their very existence in the long term may rely on this.

From a purely bottom-line perspective, by not integrating environmental, social, ...

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