Read the full story from Accenture.
The finance ecosystem—clients and employees, shareholders and stakeholders—is striving for purpose and sustainability. Environmental, social and governance (ESG) considerations are at the forefront of financial decisions, supported by the Sustainable Development Goals (SDGs) and increased awareness of the climate emergency.
Sustainable finance is sometimes referred to as green finance, but it’s not just about reducing emissions or preventing environmental damage.
- Environmental concerns include air and water pollution, deforestation and biodiversity. More generally, they relate to how a company performs as a steward of nature.
- Social factors reveal how well a company manages relationships with employees, suppliers, customers and the communities with which it engages. Social issues vary from diversity in the workplace to human rights and labor standards across the supply chain.