ESG explains Karen . “ The Governance side can have a huge impact . Is your board being ethical ? Is there bribery or corruption ? There is an education piece that still needs to be done on how the G fits in with the E and S of ESG .”
Of those questioned , publicly traded companies seemed to favour ESG initiatives more so than those which were private . 88 % of publicly traded companies had such programmes in place , compared to 79 % of venture and private equity-backed companies and only 67 % of privatelyowned companies .
“ Big companies are thinking “ I need to implement [ more ESG ] because of my customers .” Asset managers are asking
88 % of publicly traded companies
67 % privately-owned companies have ESG policies private companies to report back to them , so if a big business is asking me , as a small private business that supplies to them , to generate ESG reports - I need to do that as they are my customers . Publicly , trading companies are asking their vendors to report their ESG initiatives to them . I think it is balancing out , and many are taking care of it on their own . I think the next step is looking at how we simplify the process .”
WAVING THE ESG FLAG From the countries asked if they worked for companies with formal ESG reporting practices , respondents from France and Germany hit 86 %. 82 % of UK respondents
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