The Finance Leader's Role in Driving ESG Innovation and Transformation | Hajra Karim
ESG stands for environmental, social, and governance, and it refers to the criteria that measure an organization's or investment's sustainability and social impact. ESG is becoming increasingly important for finance leaders, as they must respond to the growing demand and expectations from various stakeholders, such as investors, customers, employees, regulators, and society. Finance leaders need to drive and support their organizations' ESG innovation and transformation . They need to align their strategies, budgets, and incentives with ESG goals and initiatives. They must also leverage technology, such as artificial intelligence (AI), blockchain, or digital currencies, to enable ESG solutions. Understanding ESG: ESG refers to the three key areas that measure a company's sustainability and ethical practices. Environmental factors assess an organization's environmental impact, such as carbon emissions, waste management, and resource consumption. Social factors encomp...