IN-HOUSE INSIGHT: ESG and a GC’s Role in Encouraging Sustainable Business Practices
BY Anushree Saha |
Over the past few years, businesses are increasingly gaining a conscience regarding the need to address sustainability-related issues. Owing to this newfound corporate awakening, environmental, social, and governance (ESG) initiatives have slowly transitioned from being beneficial add-ons to becoming business imperatives. ESG has become a focal point for investors, customers, suppliers, commercial partners, regulators, and other key stakeholders in the supply chain. Earlier this year, a report published by Morgan Stanley revealed that more than three-quarters of global investors are interested in sustainable investing, and believe that strong ESG practices can lead to higher financial returns.