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ESG Mindset
Book

ESG Mindset

Business Resilience and Sustainable Growth

Matthew Sekol
Kogan Page, 2024

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Editorial Rating

8

Qualities

  • Applicable
  • Background
  • Concrete Examples

Recommendation

Leaders in publicly traded industries may face pressure to align with Environmental, Social, and Governance (ESG) practices for long-term sustainability. Those pressures can challenge their corporate culture. ESG, which emerged as a financial tool in the 2000s, offers opportunities for transformation and growth. However, as author Matthew Sekol reports, deployment can raise issues. Different types of businesses define ESG to fit their brands or strategies, so regulating across industries can prove difficult. The “intangibles” underpinning these initiatives may tempt leaders to cut it to its “simplest form,” but they should not risk diluting ESG’s relevance. Sekol’s message: If you’re going to do it, make it businesslike, make it real, and make it matter.

Take-Aways

  • Environmental, Social, and Governance (ESG) practices mean different things to different organizations.
  • ESG is not merely data.
  • Companies that embrace ESG face unique challenges.

About the Author

Matthew Sekol is an ESG and sustainability advocate at Microsoft. 

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    I. H. 1 month ago
    Awesome! Truely agree, as this is now vital in reports of any major oil, gas, petroleum and energy producing companies globally. Great reading.