Governance criteria are fundamental to the ESG (Environmental, Social, and Governance) framework, encompassing the systems, principles, and processes by which businesses are directed and controlled. Good governance is essential for ensuring transparency, accountability, and ethical behaviour within an organisation. It extends beyond ESG factors to include critical aspects such as disaster recovery and business continuity, which have intrinsic social components….

As businesses increasingly acknowledge their broader responsibilities to society, the exploration of social factors within the Environmental, Social, and Governance (ESG) framework has become paramount. This chapter delves into the social dimension of ESG, examining how companies can create, measure, and enhance social value. Social value, in this context, refers to the positive impacts on society and communities derived from…

Environmental sustainability is not just a trend but a necessity for every modern business. The pressing issues of climate change, resource depletion, and pollution have pushed businesses to rethink their strategies and incorporate sustainable practices into their core operations. Environmental, Social, and Governance (ESG) and B Corp criteria provide a structured framework for companies to address these challenges effectively. This…

ESG criteria have become pivotal in shaping how companies operate and interact with their stakeholders. ESG encompasses a wide range of practices and principles aimed at ensuring that businesses not only achieve financial success but also contribute positively to society and the environment. This article explores why ESG matters, highlighting the benefits it brings to businesses and society at large….

Sustainable development is a concept that aims to balance economic growth, social inclusion, and environmental protection to ensure that the needs of the present do not compromise the ability of future generations to meet their own needs. Environmental, Social, and Governance (ESG) criteria have emerged as a critical framework in achieving sustainable development. By integrating ESG principles into their strategies…

The concepts of ESG and CSR are often used interchangeably, yet they represent distinct approaches to corporate responsibility and sustainability. Understanding the differences between ESG and traditional CSR is crucial for businesses aiming to integrate sustainability into their core strategies. This article explores these differences, highlighting how ESG has evolved from and expanded upon the foundations laid by CSR. We…