The combination of environmental, social and corporate governance factors has an important place in business today

The combination of environmental, social and corporate governance (‘ESG’) factors has an important place in business today. These factors require businesses, among other things, to protect workers, incorporate environmental considerations, ensure consumer safety, increase health benefits for employees and perhaps reduce executive bonuses to help avoid layoffs. The ESG considerations have become relevant to business models, services and products of businesses and have become inherent in investment analysis and investment decisions. Corporate boards should take them on board in their decision-making process.