Don't Risk Falling Behind On ESG
Oracle News, January 20th, 2023
Environmental Social Governance (ESG) is increasingly being regarded as the standard way to measure a firm's sustainability.
Not only is it a reporting requirement for investors, but for many individuals, it is also an indication that an organisation's social standards align with its beliefs. Both prospective and current employees agree they want to work for a company with a diverse and socially conscious workforce.
A recent survey conducted by Oracle and Pamela Rucker, CIO Advisor, and Instructor for Harvard Professional Development, found that:
- Nearly 70% of respondents said they would leave their current company to work for one that takes ESG more seriously
- 83% of respondents said they would work for companies that acted on ESG
These figures highlight the growing importance of a coherent ESG program, especially when it comes to social implications.