How To Leverage Strengths When Building An ESG Program
Environmental, social and governance (ESG) issues are becoming essential business priorities. I interviewed Crowe LLP leaders to write this branded feature on how companies can optimise resources in developing their ESG roadmap. Part of a 4-article ESG series.
Developing a road map for an environmental, social and governance (ESG) program can seem overwhelming given the wide range of ESG issues. The good news is that companies might already have ESG-friendly policies in place that can provide a solid foundation for an effective long-term strategy.
Here are seven ways organizations of all sizes can leverage existing strengths when building their ESG programs.
1. Appoint A Team—And An ESG Leader—To Align With ESG Guidelines
Companies can maximize the skills their workforces already possess by appointing a team of specialists from different departments to tackle ESG. In addition, an overall leader can take accountability for the ESG team, steering its journey to advance the business with ESG goals in mind.
Cross-functional expertise is critical. “Companies should leverage leaders from different backgrounds—such as legal, supply chain, risk and compliance, and IT—who understand the full depth and breadth of what the organization is doing,” says Chris McClure, partner and forensic and regulatory leader at accounting, consulting and technology services firm Crowe.
Read the full article at Forbes.