As more companies begin to prioritize environmental, social, and governance (ESG) values and principles, many leaders will be wondering how to implement ESG programs in their workplaces. ESG is an evaluation of an organization’s collective consciousness for social and environmental factors, and a metric to assess an organization’s impact beyond its internal mission-driven operations and financial performance. There is currently no legislation regarding reporting rules for ESG, with some exceptions, so it is crucial that leaders understand best practices, and the common roadblocks that may arise while building a strong ESG program.
Here are the most common mistakes that leaders make in ESG management as outlined in the Harvard Law School Forum on Corporate Governance.
