Some companies rank high on some lists that measure environmental, social and governance (ESG) initiatives, and rank near the bottom on other lists. Which rankings should we trust?
To achieve environmental sustainability, we need strong corporate standards that are quantifiably enforced, accountants trained to accurately measure sustainability — and we must all play a role.
Thankfully, a growing number of private equity firms are trying to invest more responsibly.
Until there are global standards for authentic corporate social responsibility efforts, we will continue to see local impoverishment, hazardous waste and tragic labour accidents in the Global South.
Is investing for competitive financial returns based on ESG principles like searching for a needle in a haystack? There's often conflicting information about the ESG bona fides of many companies.