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ESG fraud the new economic crime that must be wiped out
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
The term ESG continues to show up in many corporate discussions with organisations keen to strategically position their businesses for long-term sustainable success amid growing environmental, social and governance concerns.
ESG stands for Environmental, Social and Governance and is a framework of non-financial factors that organisations are adopting to drive and measure the sustainability of their businesses and respond to stakeholder pressures.
