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ESG can be catalyst for sustainable development and investments
Greenwashing is a serious crime because it creates the illusion that more is being done to combat climate change than is the case. PHOTO | SHUTTERSTOCK
Environmental, social and governance (ESG) standards cover a range of non-financial matters that drive value for people, organisations and society. When applied appropriately, these standards can help organisations within the private and public sectors take a holistic approach when assessing performance.
This approach considers value from the perspective of many stakeholders based on understanding the interconnectedness among them across society.