New Year, New Approach?
You can’t go far in our modern world without reading or hearing about the shift in attitudes towards “ESG” investing. You might wonder, ‘what is ESG investing’ and why should I take notice?
Firstly, ESG stands for Environmental, Social, and Governance. Investopedia defines these as:
“Environmental, social and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Environmental criteria consider how a company performs as a steward of nature. Social criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Governance deals with a company’s leadership, executive pay, audits, internal controls, and shareholder rights”.
ESG is often used interchang