ESG: The Ghana Perspective

INTRODUCTION

This article discusses the Ghanaian perspective on ESG, including defining ESG, its difference from corporate governance, its relationship with sustainability, and the impact of not implementing ESG factors in Ghanaian business. ESG, an acronym for Environmental, Social, and Governance, refers to a set of factors used to evaluate a company's sustainable practices. In other words, ESG criteria considers how a company performs regarding environmental responsibility, social impact, and governance practices. Investors and other stakeholders can better understand a company's long[1]term sustainability and potential risks and opportunities by assessing these factors. These elements work together to determine an organisation's ability to support, sustain and improve the quality of an organisation and society.