If you have a sustainability role at a big or medium-size company, you probably have a good idea of how well your environmental efforts are going. You might have a resource-use reduction plan, a target for lowering your emissions, and some decarbonization projects underway.
Succeeding at the “Social” Part of ESG
Five lessons from a survey of more than 600 companies.
November 27, 2023
Illustration by Ricardo Santos
Summary.
ESG initiatives can be worthwhile investments not only in bettering the lives of others, but in creating long-term economic value. Yet, social initiatives tend to be difficult to set, and their progress and impact challenging to measure. In a survey of more than 600 companies, a small number of organizations emerged as more advanced in their social strategy. This article discusses five lessons we can all learn from what these social impact leaders have done.