ESG
Compliance Automation Software : A Platform Approach
“ Governance has been a very separate entity , but it is a really important component ”
KAREN ALONARDO VICE PRESIDENT ESG SOLUTIONS , NAVEX GLOBAL
In addition , 55 % of Millennials said environmental factors are most important to their company ’ s reputation . 44 % of Gen X respondents and 48 % of Baby Boomers felt the same way .
“ Back in 2006 ”, says Karen , “ I remember thinking : “ I cannot wait for the young people to come in and work for us ,” because they grew up learning about recycling and have been educated about climate change at school . My generation didn ’ t . We had one catchy TV ad : “ Give a hoot , don ’ t pollute ”. But for Millennials , it is a serious consideration . They will take a job because one company is greener than another company . They are thinking about their own kid ’ s futures .”
Out of the three components in ESG , Governance is often viewed as the least important aspect .
“ We get told that when you think about the governance aspect , that they are “ Over there somewhere ...”. Governance has always been seen as a very separate entity to the social , sustainability and environment side of ESG , but it is a really important component ,”
38 July 2021