Article | CORPORATE COMPLIANCE INSIGHTS

ESG becomes a four-letter word

Jan 04, 2024

Corporate Compliance Insights’ editors and industry specialists pulled together the top regulatory, corporate integrity and risk management stories from the past 12 months.

One of the top stories focused on environmental, social and governance (ESG) (“ESG becomes a four-letter word”) in which risk advisory principal at Baker Tilly, sat down with Corporate Compliance Insights to dispel ESG misconceptions. ESG is more than a buzzword; it’s a value driver, extending beyond mere compliance. ESG can help organizations reduce risk, retain and attract talent, spark innovation, align product and service preferences with consumers and increase revenue or market share. Thomas also shared the importance of evaluating internal and external stakeholders’ perspectives when it comes to ESG and sustainability, including some key questions companies should be asking to enhance their overall strategy.

Discover more in the full article

“The purpose of ESG metrics is to really provide a means for evaluating companies on their environmental, social and governance performance, allowing investors to easily compare companies. Instead of thinking about ESG in terms of politics, I’d encourage thinking about it through the lens of investors.”

We meet organizations where they are on their ESG journey.

Baker Tilly can help.

Related insights

California climate reporting regulations are impacting many U.S. companies
The California climate reporting regulations will require many middle market companies to disclose GHG emissions and climate-related financial risks. Is your company prepared?
Jump-start your sustainability road map with an ESG maturity assessment
Before building a strategic and intentional sustainability roadmap, an organization must assess the current state of ESG maturity against four levels – initial, growth, operational and transformational
Aligning ESG risks with existing ERM program key for creating value, attracting talent
A successful environmental, social and governance (ESG) strategy should build on your existing enterprise risk management (ERM) program and align with an organization’s strategic initiatives and priorities.