ARTICLE · 18 JULY 2024

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How Environmental, Social And Governance Influences Corporate Decision-Making

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In today's socially-conscious world, businesses increasingly recognise the importance of Environmental, Social and Governance (ESG) factors in their decision-making processes. ESG factors encompass a range...

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Keshia Manolios

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In today's socially-conscious world, businesses increasingly recognise the importance of Environmental, Social and Governance (ESG) factors in their decision-making processes. ESG factors encompass a range of considerations, including environmental sustainability, social impact, and good governance practices. This article aims to shed light on how these factors significantly influence corporate decision-making and why they have become crucial for businesses across industries.

Environmental Considerations

Environmental factors play a central role in ESG decision-making. With growing concerns about climate change, resource depletion, and pollution, companies are facing mounting pressure to adopt environmentally sustainable practices. Incorporating environmentally responsible strategies into their operations is not only ethically sound but also makes good business sense.Companies are now expected to evaluate their environmental impact, set targets for reducing

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