5 Matching Annotations
  1. Feb 2022
  2. Nov 2021
    1. just because ESG is about virtue signalling and risk management, does not mean it is meaningless. On the contrary, the very fact that company executives feel the need to “signal” ESG virtues shows how the interplay of digital transparency and shifting social norms is creating a feedback loop that cannot be ignored. If that encourages companies to change strategy, say by cutting carbon emissions, it is good. If it puts pressure on governments to make crucial reforms, like introducing a carbon price, it is even better, particularly if companies are shamed into demanding such policy actions.

      Also, aren't ESG standards and goals are supposed to ratchet up as time goes on?

  3. Aug 2021
    1. A material sustainability issue is “an economic, environmental, or social issue on which a company has an impact, or may be impacted by,” according to New York University, and may also affect stakeholders’ decisions with respect to the company.

      Materiality covers issues which the company impacts and is impacted by. The latter is often forgotten by stakeholders outside the company but is equally important to a company's sustainability.

      Materiality needs to be defined together with stakeholders, but who are the (local, regional and global) stakeholders for a company?

  4. Jun 2020