In this article published by Global Investor Magazine, Morrow Sodali discusses the increasing importance of the Social pillar of ESG to businesses and investors, and reveals the challenges they face to adapt to the changing corporate landscape.
Covid and the Ukrainian conflict have helped catapult issues of health and social inequalities to the front of investors’ minds. In boardrooms, social impact is fast assuming the same risk profile as combating climate change. Lessons learned from the delayed response to the climate crisis, reveal that businesses, regulators and investors need to take decisive action on the ESG-related issues proactively, not reactively.
Companies understand the importance of social purpose and will want to fulfill expectations – but they need guidance and parameters.
Click here to read the article in full.
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