What Do We Mean by ESG?
By Christopher P. Perzan
Environmental and Natural Resources Law,
December 2024
ESG stands for Environmental, Social, Governance. Easy enough, but not very enlightening. Whether it is ESG, sustainability, CSR, CSV, SDGs, or another term, this paradigm is ultimately broadly about a transparent process to understand the environmental and social impacts of an enterprise followed by a plan of action to address those impacts. This approach also allows a company to understand and address external or internal risks, identify potential opportunities, and inform strategic decisions.
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