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Fortune
Fortune
Peter Vanham

In 2022, ESG went from ‘nice to have’ for businesses to influencing corporate strategy

Wind turbines stand in winter weather. (Credit: Hauke-Christian Dittrich—picture alliance/Getty Images)

The summary:

  • Isn’t ESG boring? Don’t be so sure. A dramatic shift took place in 2022 as ESG went from being a nice-to-have to something that increasingly influences corporate strategy.
  • Here’s how: ESG really had to move beyond its compliance and accounting origins if it wanted to have a more profound effect on the business world. Thankfully, it’s done just that.
  • What’s next: ESG has huge commercial potential for businesses that know how to identify risk and turn it into opportunity.
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