What is ESG? Environmental, Social and Governance criteria #esg

Do you know what ESG is? The term is the buzzword for investors, corporates, governments, and consultants.

0:00 Introduction to the Topic
1:28 CSR - Corporate Social Responsibility
4.28 E for Environment
6:54 Case of New Orleans- why environmental criteria should be considered
9:13 S for Social
10:40 G for Governance
12:53 Why ESG is important consideration
14.42 Some top companies sustainability work
17:03 Key trends in ESG

It is Environmental, Social, and Governance.

• The E in ESG, environmental criteria, includes the energy your company takes in
and the waste it discharges, the resources it needs, and the consequences for living
beings as a result. Not least, E encompasses carbon emissions and climate change.
Every company uses energy and resources; every company affects, and is affected by,
the environment.
• S, social criteria, addresses the relationships your company has and the reputation
it fosters with people and institutions in the communities where you do business.
S includes labor relations and diversity and inclusion. Every company operates within
a broader, diverse society.
• G, governance, is the internal system of practices, controls, and procedures your
company adopts in order to govern itself, make effective decisions, comply with
the law, and meet the needs of external stakeholders. Every company, which is itself
a legal creation, requires governance.

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Reference:
1. https://www.investopedia.com/terms/e/environmental-social-and-governance-esg-criteria.asp
2. https://www.mckinsey.com/~/media/McKinsey/Business%20Functions/Strategy%20and%20Corporate%20Finance/Our%20Insights/Five%20ways%20that%20ESG%20creates%20value/Five-ways-that-ESG-creates-value.ashx#:~:text=Your%20business%2C%20like%20every%20business,and%20governance%20(ESG)%20concerns.