ESG and world change: the competing perspectives

Last year, I had the honor of presenting a Thought Leadership Webinar with my ESG colleague Elisabeth Wilson as part of the PRMIA - Professional Risk Managers'​ International Association program. The success of the event was evident by the high level of attendance and participation from a diverse group of interested parties from all over the world.

Excitingly, we have now summarized the key findings and insights in an article that has just been published in the Intelligent Risk Magazine. Thanks to Steve Lindo and Carl Densem for their invaluable contributions in preparing and publishing the February Issue 2024.

What is it about?

ESG (Environmental, Social, and Governance) issues are increasingly shaping the business landscape, with organizations recognizing the benefits of integrating ESG principles into their operations. This trend is underscored by a significant rise in capital raised for ESG funds and a growing consideration of ESG factors in investment decisions.

However, navigating the complex ESG landscape presents challenges for organizations, including evolving regulatory expectations, political opposition, and legal challenges. Despite these obstacles, there is a growing recognition that ESG is not just a regulatory requirement but also a strategic imperative for long-term value creation.

NGOs and consumers, especially younger generations, are driving demand for ESG-focused products and services. As organizations adapt to meet these expectations, they can capitalize on opportunities for growth and innovation.

The COVID-19 pandemic and social movements such as Black Lives Matter have heightened awareness of environmental and social issues, prompting individuals to seek alignment with companies that uphold their values. This shift in consumer behavior is expected to drive further demand for ESG initiatives.

Looking ahead, organizations must prioritize ESG to remain competitive and attract the next wave of investors and talent. By embracing ESG principles, organizations can not only mitigate risks but also contribute to global economic stability and sustainability.

Ultimately, ESG is not just a trend but a fundamental shift in how organizations operate and create value. Embracing ESG will be essential for organizations to thrive in a changing world and shape the future of business.

If you want to read the full article you can access it here: