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ARTICLE · 13 DECEMBER 2023

10 QUESTIONS: Where Does The Future Lie For ESG In Scotland?

Shepherd and Wedderburn
Shepherd and Wedderburn
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Shepherd and Wedderburn

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In this article Louisa Knox, Partner in our Pensions team and ESG and risk management specialist, features in The Herald Scotland to discuss how the three pillars of ESG can be effectively evaluated and implemented...

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Louisa Knox
Louisa Knox
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1. Describe the three pillars of ESG and what topics might fall under them

Broadly sustainability is the overarching principle beneath which the three pillars of environmental, social and governance sit. Environmental covering an organisation's climate impact and emissions – the carbon footprint of an organisation and its impact.

Social encompasses the contribution to fairness across society. Underpinning a range of people-related issues it includes – diversity and inclusion, treatment of colleagues, and treatment of consumers and the community. Governance spans a full range of processes, operations, approach to risk and accountability.

2. Which is viewed as the most important and influential of the three pillars?

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