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ESG
abbreviation for
- environmental, social, and governance: a strategic framework for measuring a company's impact on the environment, relationships with the people and companies it is connected to, and management practices:
The remaining question is whether ESG can be implemented without negatively impacting profit.
Financial regulators have been promoting green finance and ESG investing.
Word History and Origins
Origin of ESG1
Example Sentences
“But when you divest from a company that works and lobbies against any progress toward a low-carbon economy, you are reaching a sector that has been unreachable until now. In our capitalist economy, your money is your voice. ESG investing is the only way to be fully heard.”
ESG funds are an investment strategy focused on companies' financial performance as well as those that consider environmental, social and governance issues.
Some ESG funds exclude oil companies or tobacco and weapons manufacturers.
Profit takes priority over social responsibility in ESG funds, critics say.
Also, not all ESG funds are created equal.
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