Environmental, Social, and Governance concepts have grown in popularity as a framework for assessing an organization’s societal impact and values.
Helpful Guides
- Researching Environmental, Social, and Corporate Governance (ESGs) Standards Guide – This resource highlights ZSR and freely available resources that you may find helpful when researching ESG.
- Research Topic: Sustainability & Innovation – This guide provides recommendations for researching original, innovative approaches to sustainability on campus and beyond.
Definitions:
E, environmental criteria, includes the energy your organization takes in and the waste it discharges, the resources it needs, and the consequences for living beings as a result. Not least, E encompasses carbon emissions and climate change. Every company uses energy and resources; every company affects and is affected by, the environment.
S, social criteria, addresses the relationships your company has and the reputation it fosters with people and institutions in the communities where you do business. S includes labor relations and diversity and inclusion. Every company operates within a broader, diverse society.
G, governance, is the internal system of practices, controls, and procedures your company adopts in order to govern itself, make effective decisions, comply with the law, and meet the needs of external stakeholders. Every company, which is itself a legal creation, requires governance.
(McKinsey)
Additional ESG Resources:
WFU Office of Sustainability – Initiatives
McKinsey – Role and Purpose of ESG
McKinsey – Five Ways ESG Creates Value
Five Keys to Driving ESG Strategies
https://justcapital.com/rankings/ & https://justcapital.com/
Podcasts: