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The So What from BCG
ESG Will Outlive Its Critics
Apr 10, 2024
Tim Mohin, Director of climate and sustainability at BCG, discusses the evolution of ESG goals in corporate strategy. Topics include the shift of ESG to core business function, ethical challenges in supply chains, government's role in regulation, and the growing significance of sustainability and values.
22:05
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Quick takeaways
- ESG has become a core business activity globally, viewed as a necessity rather than an option.
- The integration of ESG metrics into financial reporting reflects a shift towards aligning sustainability with financial transparency.
Deep dives
Evolution of ESG from Regulation to Corporate Responsibility
ESG, from its regulatory origins, has evolved into a core business activity globally. Corporations now view responsibility as a must-do rather than a nice-to-do. The shift from regulation to corporate social responsibility marked a crucial transformation reflecting the mainstream integration of ESG and sustainability in global commerce.
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