Day: April 23, 2024

The Rise And Fall Of ESG

This week marks the 55th anniversary of Earth Day, a celebration that underscores the ongoing challenge of climate change, largely driven by the industrial economy’s dependence on fossil fuels. To decarbonize, governments have implemented various mandatory policies, while businesses are increasingly adopting voluntary approaches. The most well-known business initiative in this context is ESG (Environmental-Social-Governance), a metric designed to assess a company’s overall performance beyond just profitability. The concept behind decarbonization is that significant changes are needed in how businesses

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