2021-07-21 00:00:00, Brent Lang, Forbes
Content Categorization
/Business & Industrial
Word Count:
1000
Words/Sentence:
20
Reading Time:
6.67 min
Reading Quality:
Adept
Readability:
13th to 15th
Initially, ESG programs began as a strategy to invest in companies striving to make the world a better place and for large companies to attract investors for excelling in environmental, social and governance policies and practices.
No matter the number of employees, companies that want to make a difference and drive sustainable improvements in the world should outline an Environmental, Social and Governance (ESG) framework that measures its corporate responsibility and performance in key areas that impact its people, products and operations.
Once thought of as an effort made only by multinational companies to reduce carbon emissions and showcase community giving, ESG initiatives have evolved into an investment in our collective future.
If faced with deciding between two organizations with roughly equal compensation, benefits and growth opportunities, many will choose to work for the one with the stronger ESG track record.
That said, it is easier for larger organizations to dedicate the needed time, money and human resources to pursuing a robust ESG policy.
Keywords
ESG, Medtronic
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