Although the three components of ESG are intrinsically linked , the ‘ G ’ is often overlooked . We explore why businesses should prioritise corporate governance

WRITTEN BY : LUCY BUCHHOLZ

n the intricate web of sustainability , where environmental concerns and social impact often claim the spotlight , one critical pillar remains steadfast in its significance : governance , the unsung hero shaping the very foundation of ESG . Governance is the system of rules , policies and practices by which a company is managed in a responsible , ethical and transparent manner . It involves the relationship between a company ’ s management and its board of directors , its investors and other stakeholders , to whom it is accountable .

It therefore forms the bedrock of the ESG agenda , as it encompasses not only onethird of the ESG equation but also acts as a prerequisite for achieving all ESG goals . Behind every violation of environmental or social commitments lies a failure

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