The Seven Myths of ESG

A recent paper by researchers at the Rock Center for Corporate Governance at Stanford debunk several myths around ESG. Given that companies use ESG in decision-making, and regulators are increasing their focus on ESG, the paper is timely. I summarise the seven myths: We Agree on the Purpose of ESG: Despite the near-universal push forContinue reading “The Seven Myths of ESG”

Labour and ESG reporting

While much of the focus on ESG in recent times has centred around the environment, labour has not received the kind of attention it deserves. While Health and Safety has been a common theme in most sustainability/ESG reporting, several other issues deserve a closer look. Much of the corporate reporting on these issues tend toContinue reading “Labour and ESG reporting”

Corporate Boards and Net Zero

The shift to net zero is urgent, and boards have a critical role in guiding companies. Yet many of the board members have little training or background in sustainability. The boards need to reskill – something that we highlight in our book Shift: Decisions for a Net Zero World. The table below presents a worryingContinue reading “Corporate Boards and Net Zero”

A Balance Sheet tells a Net Zero Story

Banks and financial institutions have almost zero emissions. So do most companies in the service industry. Their balance sheet can guide them in their journey towards net zero. Let us take the case of an insurance company (hypothetical, of course). An insurance company collects money from its policyholders by way of a premium. The companyContinue reading “A Balance Sheet tells a Net Zero Story”