Why ESG forgets society and how to rebalance the scales — Ahmad Ibrahim (opens original article in a new tab)

The article argues that ESG frameworks have prioritized environmental goals over social issues, leading to an imbalance that needs correction through policy and governance changes

• The article discusses how the social dimension (S) in ESG has been neglected compared to environmental (E) and governance (G) aspects
• It highlights reasons for the imbalance including the difficulty of quantifying social metrics and the focus on predictable climate risks
• The author proposes solutions like mandating double materiality reporting and linking executive pay to social outcomes
• The author calls for integrating social justice with environmental sustainability to achieve true sustainability