Shift to the social in ESG gaining traction globally
“The shift in focus was triggered by the intensive use of data and artificial intelligence (AI) that came after the Covid pandemic, finds the Sustainability and Climate – Trends to Watch 2025 report, published by US index provider MSCI. And this shift was particularly evident with data security- and supply chain labour management-related issues, which, since the pandemic, have come about more frequently.”
[COMMENTARY] In recent years the ‘S’ — Social — aspect of ESG has always been the laggard concerning investor interest. However, that wasn’t always the case. The principle predecessor to ESG was socially responsible investing. The Canadian Responsible Investment Association (RIA) started out as the Social Investment Organization to which I belonged to for many years.
It’s good to see companies and investors regaining their interest in the social aspect of corporate operations, Particularly with declining working-age populations around the world the ‘social’ factor becomes increasingly important.
Shift to the social in ESG gaining traction globally, by Jayde Cheung, December 16, 2024, The Asset, Singapore.