Why business leaders should speak up on ESG.
If there’s one consistent topic we focus on here at The Instigator, it’s the very big bet that society is making on the corporate sector’s voluntary efforts to address the climate crisis.
So imagine my surprise when I came across a Wall Street Journal article this past week reporting that companies are downplaying these and other ESG programs in response to the culture wars. The article observes that there is much less discussion about such efforts – including net-zero commitments and initiatives to meet them – in corporate earnings calls.
The article goes on to explain that, among other factors, leaders fear angering investors who prefer companies focus on the bottom line rather than societal good.