Managing risks and creating business opportunities
Some years back, companies began developing strategies around environment, social and governance (ESG) issues to manage risk and drive reputational value – what would seem to be a win-win strategy.
In any good book of ESG best practices, one of the first steps for any business is to undergo a materiality assessment. This is an exercise performed once every two-to-three years whereby a company engages with stakeholders to identify shared priorities and understand the impacts of their business.
Each year, Climate Week NYC is a key moment for leaders from business, government, civil society and more to come together, take stock of the global fight against climate change and unveil new commitments to spur action.
For those of us working on sustainability issues, Climate Week is a big deal. As one journalist put it to us this year, it’s “like Christmas/Valentine’s Day/New Year’s/Super Bowl combined in our space.”
One billion people in 192 countries around the world today are planting trees and signing petitions; deliberately choosing to be green. Earth Day is hands down the single biggest day of action to protect the environment.
Whether it’s in Super Bowl ads or annual financial reports, employee communications or job interviews, companies big and small are talking about how they’re working to address societal challenges.