More than ever, companies are coming under scrutiny for their environmental, social and governance policies. Of these three ESG criteria, the “E” used to attract most attention, with the “S” factor sometimes downplayed, or even ignored. But then the Covid-19 pandemic struck.
In the early months of 2020, business leaders across the world suddenly found themselves facing the ultimate ESG test: in the wake of an economic and social shock, how should they respond?
Many company bosses did step up in the face of global upheaval, anticipating support from investors and other stakeholders in delivering on their social responsibilities in a time of emergency.