ESG and sustainability are two concepts that have gained significant prominence recently. In his latest post, Jim Gill of Hanzo discusses why it’s important!

In his article (The Upside of ESG: Why Strong Sustainability Programs Matter to Modern Enterprises), available here), Jim delves into the relationship between ESG and sustainability and why they have become such critical considerations for enterprises today.

What is ESG?

The World Bank Group’s International Finance Corporation defines ESG as a set of factors that companies and investors consider regarding the “risks, impacts, and opportunities” of environmental, social, and governance issues. Those include:

• Environmental concerns such as climate change, carbon emissions, natural resource depletion, and pollution;
• Social considerations such as diversity, equity, and inclusion as well as other community- and employee-based concerns; and
• Governance issues related to how an organization is structured and how it operates as well as how it handles questions concerning ethics and risk management.

What is sustainability?

As Jim says: “They’re two sides of the same coin.” Sustainability initiatives are actions that organizations take to achieve their environmental, social, and corporate governance goals. Although the term “sustainability” is most strongly linked with environmental concerns, sustainability describes a perspective that encompasses social and economic health and environmental longevity.

So, how important are ESG and sustainability for enterprises? And why is there such a heightened interest in ESG? Find out here – it’s just one more click! This topic has a lot of sustainability! 😉

So, what do you think? What sustainability programs does your organization have to promote ESG?  Please share any comments you might have or if you’d like to know more about a particular topic.

Disclosure: Hanzo is an Educational Partner and sponsor of eDiscovery Today

Disclaimer: The views represented herein are exclusively the views of the author, and do not necessarily represent the views held by my employer, my partners or my clients. eDiscovery Today is made available solely for educational purposes to provide general information about general eDiscovery principles and not to provide specific legal advice applicable to any particular circumstance. eDiscovery Today should not be used as a substitute for competent legal advice from a lawyer you have retained and who has agreed to represent you.