Advocacy
ESG is the Necessary Evil, and the Markets and Entrepreneurs are Taking Full Advantage
A few months ago, I published a piece arguing that ESG will become the new bottom line. This is not a politically motivated statement, and I don’t fully agree with the ESG approach. I do believe however, it is time to change, and it is time for executives, entrepreneurs, and investors to appreciate we are at an economic and societal transition point. This transition will force us to engage the consumer base more dynamically, while placing greater efforts to decarbonize our business operations. These issues are both good for business and good for society provided companies and investors are willing to take risk and change. Capitalism models should be leveraged to create profits while absorbing the societal problem-solving more systematically. Please note that I have adopted a rather broad definition of ESG in my analysis to ensure I capture the sustainability, clean tech, and climate risk investment trends.
By Andrea Zanon2 years ago in Earth