ESG is a business imperative and supporting ESG isn’t just the right thing to do, it’s good for business too. But many companies are early stage in their own programmes let alone know how to evaluate the ESG ratings of their supply chains. We are therefore delighted to have Dr. Márcia Balisciano, founding global head of ESG and corporate responsibility at RELX share how they have achieved AAA rating success for six consecutive years and a rank of 10th out of 14,000+ companies globally.
Companies are seeing ESG as a massive growth area, with PwC recently announcing that it would spend $12 billion over five years to create 100,000 new jobs aimed at helping its clients grapple with climate and diversity reporting. This huge acceleration of ESG focus addresses key issues such as climate change, human rights abuses and responsible resource.
A third party’s ESG risk is your organisation’s risk. Service providers have a role to play for their customers and buyers should be holding their providers accountable.