Aftermath of coronavirus seen to radically change ESG focus
While climate change dominated many annual shareholder meetings so far this year, issues raised by the coronavirus pandemic, such as the treatment of workers and corporate boards' responses to the crisis, are expected to feature prominently in 2021.
"We are learning things from COVID that are going to be applied to all of business," said Andrew Behar, CEO of As You Sow, a non-profit organization promoting environmental and social corporate responsibility through shareholder advocacy and coalitions. He predicts a shift toward more fact-based business decisions, whether they're addressing greenhouse gas emissions or income inequality.
"If there is anything to learn from COVID, it is to make your decisions based on science and data," he said. Read Full Article - Pensions & Investments, June 1, 2020