Environmental, social and governance (ESG) factors have become increasingly important for businesses. They can significantly impact a company’s public image, business potential and attractiveness to investors.
All Fair360 Top 10 Companies set ESG goals. They are discussed at board meetings, co-created with the most senior-level fairness executive or manager and reviewed annually.
What is ESG?
A company’s ESG score derives from several different data points involving specific metrics related to intangible assets within the enterprise. The three primary components of ESG make up what many people view as the vital ingredients to viable and successful strategies for corporate social responsibility. For investors, ESG is a tool akin to what supply chain professionals know as a Social, Technological, Environmental, Economic and Political (STEEP) analysis.