This work product reflects the transition the business world is making from a focus on sustainability to the broader observation of ESG (environmental, social, governance) practices. It is designed to help small and mid-size consumer packaged goods companies and OEMs address the growing demand from investors and customers for ESG commitments and reports. Built around the United Nations Sustainable Development Goals, the document defines ESG, sets a framework, identifies six success factors and describes near-term and longer-term goals, strategies and tactics for each pillar (environmental, social and governance).
The highlights of the program include:
• An introduction to ESG
• Critical success factors
• Strategies and metrics for the Environmental, Social and Governance components
• Recommendations for ESG reporting