Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Book chapter
-
Reference no. BEP13091
Chapter from: "Making the Connection: Practical Steps in ESG Management"
Published by: Business Expert Press
Published in: 2024

Abstract

This chapter is excerpted from 'Making the Connection: Practical Steps in ESG Management'. In finance, investments, and insurance, 'ESG' refers to a series of perceived risks of material interest to investors, which must be reported as such. Beyond this, 'ESG' is a response to increasingly intrusive governmental and regulatory demands for greater sustainability in corporate operations. In the world of business, private or public sector, ESG is a set of practical challenges - how do we improve performance across the three key areas of natural environment, corporate social responsibility, and internal-external governance? Superficially, these three disciplines are distinct and disparate, but they can be actively managed by adopting a project management style and benefit from a common methodology and 'language'. This book enables a logical evaluation of the component parts of the ESG task and how they fit together. Part 1 sets the scene on the big picture of what ESG is and the sustainability impetus behind it. Part 2 speaks into corporate strategy and where ESG fits into this. Parts 3 to 5 look in detail at 'E', 'S', and 'G', respectively, using a common 'roadmap' to approach each task, adopting a similar methodology and project management style. Part 6 explores the neglected area of thirdparty relationships and how ESG 'wins' are achievable in concert with third parties up and down our value chain. Part 7 looks at the technical area of data and how we need to master this discipline, again managing this in concert with our key third-party counterparts. Seven appendices provide useful additional material.

About

Abstract

This chapter is excerpted from 'Making the Connection: Practical Steps in ESG Management'. In finance, investments, and insurance, 'ESG' refers to a series of perceived risks of material interest to investors, which must be reported as such. Beyond this, 'ESG' is a response to increasingly intrusive governmental and regulatory demands for greater sustainability in corporate operations. In the world of business, private or public sector, ESG is a set of practical challenges - how do we improve performance across the three key areas of natural environment, corporate social responsibility, and internal-external governance? Superficially, these three disciplines are distinct and disparate, but they can be actively managed by adopting a project management style and benefit from a common methodology and 'language'. This book enables a logical evaluation of the component parts of the ESG task and how they fit together. Part 1 sets the scene on the big picture of what ESG is and the sustainability impetus behind it. Part 2 speaks into corporate strategy and where ESG fits into this. Parts 3 to 5 look in detail at 'E', 'S', and 'G', respectively, using a common 'roadmap' to approach each task, adopting a similar methodology and project management style. Part 6 explores the neglected area of thirdparty relationships and how ESG 'wins' are achievable in concert with third parties up and down our value chain. Part 7 looks at the technical area of data and how we need to master this discipline, again managing this in concert with our key third-party counterparts. Seven appendices provide useful additional material.

Related