ESG

Businesses do not function in a vacuum. They operate in a commercial space comprising numerous entities of different types with whom they regularly engage in the transactional give-and-take that enables them to succeed and thrive.

The fundamental principles of sustainability require businesses to

  • Recognize stakeholders as constituencies intrinsic to their ecosystem and be accountable to them as such.
  • Take a positive-sum approach while dealing with stakeholders and managing their relationships with them.

The Trifecta of Challenges

Climate Change

Social Disparities

Erosion of Public Trust

Coming under varying degrees of pressure from different stakeholders, the need to address this trifecta of challenges – climate change, social disparities and erosion of public trust in institutions – has never been more acutely felt by organizations around the world. Industry leaders are now paying keen attention to the key factors that determine sustainability, driven by a combination of customer demands for environmentally friendly and ethically produced goods and services, shareholder directives to integrate profit with purpose, employee concerns about workplace safety, diversity, equality and inclusion, and supplier expectations of fair and decent treatment.

Articles on ESG

How to Conduct an ESG Survey

ESG (environmental, social, and governance) isn’t a new concept in the business world, but it’s quickly gaining in importance. In the last couple of years…

What is sustainability and ESG? And why does it matter. 

In 1970, Milton Friedman published an op-ed in the New York Times in which he described what he called “The Friedman Doctrine.” The gist of his argument was…

Neo Group Survey: ESG Adoption in select IT and Business Service Providers

Neo Group recently published a detailed study of ESG adoption (Environmental, Social, and Governance) across a select group of BPO and IT providers…

Neo Group can help you assess ESG maturity in your sourcing lifecycle

Supplier ESG Maturity Assessment

Incorporating ESG in your Sourcing Strategy

Get your complimentary copy of the
Neo Group ESG ADOPTION SURVEY report
across select IT & Business Service Providers

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