ESG In Supplier Management
ESG is the acronym used for Environmental, Social, and (Corporate) Governance. These three areas are key factors when measuring the sustainability and ethical impact of a company’s operations and these are evaluated by socially responsible investors to screen potential investments.
KPMG, a multinational professional services network, has reported that:
- Consumers are increasingly choosing brands for their ethical behaviour and their record on climate change.
- Investors are favouring businesses with robust ESG frameworks implemented.
- Governments are implementing regulations requiring organisations to increase transparency in areas such as carbon emissions, modern slavery, diversity, and equal pay.
If you would like to find out more about ESG in Supplier Management, you can complete the short form below to download the document:
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You can also take a look at our An Introduction to ESG blog post and ESG in Food & Beverage document.