Tag: Sustainability

ESG is Complicated

In trying to find the most ideal title to today’s edition, there were a number of choices:

  • ESG has become complicated.
  • ESG may be complicated.
  • ESG is a bit complicated.

All are true, and the complications started to become more prominent in early 2022. ESG, of course, stands for Environmental, Social, and Governance which are said to be “pillars” on which companies, particularly publicly traded companies, report. The pillars of ESG have been referred to as non-financial risk factors by the consulting firm Deloitte, and the non-financial aspect is partly what brought major pushback to “blanket policies” of ESG in major pension funds and investment funds.

Continue reading “ESG is Complicated”

Have You Heard of the “Triple Bottom Line”?

Here is a concept that is super meaningful to EVERY age group, EVERY economic stratum and (hopefully) across the ENTIRE political spectrum: Triple Bottom Line, or “TBL”.

Triple Bottom Line graphic
Source: Wikipedia

For the younger readers, this term is much more familiar and probably even taught in universities for the past decade or two. But for others this term may have gotten lost in the sea of such terms as “synergy,” “social impact,” and “environmentally friendly”. HOWEVER – TBL is the real deal. And we are seeing it at work inside the framework of capitalism as well as “outside” the purely capitalistic-driven world: a growing world where profit matters, BUT not at the expense of people and the environment. Please read on. Continue reading “Have You Heard of the “Triple Bottom Line”?”