Echo Sierra Golf … The Alphabets Of Change

ESG is one of those acronyms that has now become a resounding roar. When I first heard it, with all my former boyish enthusiasm bred on a diet of Commando comics and dreams of being a fighter pilot, I converted it to the universal phonetic alphabet. Having worked with clients on thinking through and conceptualising ESG programs, I now realise how even this expansion showcases the depth of what is sought to be achieved by the acronym.

So ESG?

So, what is ESG? At its most rudimentary level, ESG stands for Environmental, Social, and Governance. So a set of disclosures of environmental, social and governance data that participants in an ecosystem can use to identify opportunities and measure and reduce risks in an enterprise. Think of these as data points that are not naturally covered in a financial analysis or operational analysis of the kind that underpinned business decisions in times of yore.