ARTICLE · 05 DECEMBER 2023

Environmental, Social & Governance (ESG) Regulatory Advice And Consultancy

Covenant Chambers

Increasing investor, consumer and stakeholder concerns about climate change, sustainability, corporate governance, social justice and human rights have driven ESG consciousness.

SingaporeEnvironment

Ronald JJ Wong

What is ESG?

ESG stands for environmental, social and governance.

Increasing investor, consumer and stakeholder concerns about climate change, sustainability, corporate governance, social justice and human rights have driven ESG consciousness. There have thus been international and national shifts and regulations to require businesses to proactively and transparently address ESG issues.

Why is ESG important to businesses?

Businesses need to address ESG issues well in order to succeed by doing right and going far.

No longer is profit-maximisation for shareholders the prevailing view of the raison d'etre of businesses. Instead, firms have multiple stakeholders crucial to their success. Businesses operate contextually in particular environments and communities.

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Environmental, Social & Governance (ESG) Regulatory Advice And Consultancy

What is ESG?

Why is ESG important to businesses?

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