Gone are the days when it was enough to put a picture of a smiley wheelchair user in the annual report (as happened to a friend of mine) and count the job as done. Investors are increasingly raising the issue and large parts of the public feel that it matters too.
Now a Lloyd’s of London insurer has launched a syndicate especially for client companies that score highly in ESG terms. A sign that it has come of age?
Maybe. The trouble with ESG is that there is currently an awful lot more effort being put into the PR-ing of it than there is in actually addressing the issues it raises. This is where terms such as “greenwashing” come from. And greenwashing is all too common.
This story is from the October 25, 2021 edition of The Independent.
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This story is from the October 25, 2021 edition of The Independent.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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