Business gurus back ESG as new normal

The global community concept of ESG (Environmental, Social, and Corporate Governance) should be regarded as a “new normal”’ on the road to achieving sustainable development goals, a conference for female CEOs acknowledged on Saturday.

Advocates of the view that company profits should be shared among the workforce, rather than flowing back into the pockets of owners, made their case on the last day of the 2022 Global Summit of Women (GSW), as they discussed the topic of ‘’How #ESG Informs Business Strategy’’.

ESG is widely seen as an evolution in the methodology by which company performance can be measured and has been embraced by customers and investors.

Even if not required to do so, many companies are now including their ESG activities in annual reports.

Full article => https://www.bangkokpost.com/business/2333763/business-gurus-back-esg-as-new-normal

Thailand hosted the three-day GSW 2022, attended by 650 delegates from 52 countries.

The Bangkok Summit ended on Saturday with two significant milestones having been achieved. 

It was the first carbon-neutral gathering ever in the event’s 32-year history.

And it also made significant revisions to Thailand’s Corporate Governance Code regarding the terminology that should be used during high-level discussions on gender diversity as a necessary component of good corporate governance.