In the world of sustainability, the S in ESG (environmental, social, and governance) is often assumed to stand for exactly that. However, experts warn that this common mistake risks overlooking a crucial component: the "social" aspect.
As the world races to develop and scale solutions for myriad global sustainability challenges, a diversity of perspectives will be key.
Not only do a growing number of investors demand a well-defined ESG role responsibility for board members, but legal and regulatory trends are beginning to specify ESG oversight as part of a board’s fiduciary duty.