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May 11, 2021updated 17 May 2021 6:19am

Environmental factors most important among ESG: Poll

The COVID-19 pandemic has highlighted the urgent need to address climate change as part of environmental, social and corporate governance (ESG) issues of companies and businesses.

By Vasanthi Vara

The COVID-19 pandemic has highlighted the urgent need to address climate change as part of environmental, social and corporate governance (ESG) issues of companies and businesses.

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How can your business build resilience within the ESG space?

ESG is a key theme impacting companies across all sectors globally. It has emerged as the top theme among company filings, with a rising focus on SDG 16 (Peace, Justice, and Strong Institutions) amidst current geopolitical tensions and sustainability-driven investments. Leading sectors with the highest active jobs in this space include aerospace and defense, automotive, banking and payments, construction, and consumer, with many companies actively looking to establish ESG-related expertise. For more information related to company filings and job analytics, as well as key insights across the latest news, deals, and patents, consult our full report. This report will help you to:
  • Identify the top trending themes relevant to ESG across all sectors
  • Monitor investment and innovation landscape in ESG
  • Track key events and social media mentions related to ESG
Download our full report to understand how you can use GlobalData’s trusted insight to develop your business in 2022 and beyond.
by GlobalData
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In a poll Verdict has conducted to assess which among the three ESG factors is most important as ranked by companies, a majority 45% voted environmental factors to be the most important, while 37% voted corporate governance and 18% voted social factors to be the most important.

Social factors was the second most important, according to 56% of the respondents, followed by corporate governance (23%) and environmental factors (21%).

Corporate governance was accorded the third rank by 40% of the respondents, followed by environmental factors (34%) and social factors (26%).

Most material ESG issues

The analysis is based on 241 responses received from the readers of Verdict between 01 February and 12 April 2021.

Significance of ESG factors

The three ESG factors are usually interlinked, and equally drive sustainable performance of a company or business although at varying degrees. Investors are employing these non-monetary factors in their search for potential growth opportunities and material risks.

Each of the ESG factors have different material effect on a business or sector. Environmental factors, for example, are more important for the renewables sector, but not as important for the services sector.

Environmental issues have currently garnered much attention amid the coronavirus pandemic from a political and economic viewpoint. Climate change, global warming, and carbon emissions are quantifiable and can be easily reported by a company although social and governance factors are equally important to attract investors.

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Free Report
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How can your business build resilience within the ESG space?

ESG is a key theme impacting companies across all sectors globally. It has emerged as the top theme among company filings, with a rising focus on SDG 16 (Peace, Justice, and Strong Institutions) amidst current geopolitical tensions and sustainability-driven investments. Leading sectors with the highest active jobs in this space include aerospace and defense, automotive, banking and payments, construction, and consumer, with many companies actively looking to establish ESG-related expertise. For more information related to company filings and job analytics, as well as key insights across the latest news, deals, and patents, consult our full report. This report will help you to:
  • Identify the top trending themes relevant to ESG across all sectors
  • Monitor investment and innovation landscape in ESG
  • Track key events and social media mentions related to ESG
Download our full report to understand how you can use GlobalData’s trusted insight to develop your business in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

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