Investors are placing environmental, social and governance (ESG) issues at the top of their agendas, and they expect the companies they invest in to do likewise. But financial services firms need to ensure that ESG commitments are reflected in robust policies.
This past year has been packed with governance events from the launch of new codes, executive pay debates, and leadership behaviour debacles to climate change, cybersecurity scandals and the Khashoggi murder.
While many investors are increasingly focused on environmental, social and governance, many firms fail to embed it into their core strategy. The reason may be that mixing societal impact with financial success can be a slow burn.