Does ESG Boost Financial Performance?

Companies that prioritise Environmental, Social and Governance (ESG) have seen their profits grow by 10% in the last three years, according to the Moore Global ESG Report. Businesses that invest in ESG enjoy higher revenues and greater access to finance. But while some sectors like finance and IT are embracing ESG, others, such as the public sector, have some catching up to do. Here, we'll look at the report's findings to understand how ESG could be the key to long-term financial success.

Understanding ESG

ESG encompasses a set of criteria that can assess a business's impact on society and the environment. It examines the company's carbon footprint, sustainability initiatives, team diversity, employee conditions, and community engagement. The governance aspect of ESG evaluates the company's ethical practices and leadership structures. To put it simply, ESG is about doing business in a way that ensures profitability while also benefiting society and the