Environmental, Social & Governance (ESG) - 3 Part Series sponsored by UBS Investment Bank
Environmental, Social & Governance (ESG) issues have become some of the biggest challenges in the 21st century that boards face today. In this 3 part series, we will explore a wide range of ESG issues that stakeholders are expecting from companies from long term profits and sustainability; boards must have the insight, foresight & oversight to ask the right questions of management on complex issues on climate change, ESG, cybersecurity, AI ethics, modern slavery, supply-chain disruptions. While ESG issues can create business risks, they can also create opportunities for innovation, new product and service offerings, new market opportunities, new and cheaper sources of capital, and enhanced competitive advantage and business resiliency.
Focus on the "S" of ESG - Part 2
Social & racial justice is a relatively new topic in the boardroom discussions. An increasingly diverse population and workforce drive changes in fostering equity, diversity and inclusion (EDI). A global pandemic, including return-to-office policy, and remote working, has caused a need to focus on human capital management, including employee physical and mental health and safety and human issues within the broader supply chain that supports the organization. Challenges arise in quantifying the impact of the "S" in ESG, determining the breadth and range of social-impact activities material to the business and telling the story. Directors need to manage, measure and disclose social actions and their evolution.