I love the heart behind this post, but feel the new ESG still lacks clarity around looking at the negative effects a company has on its society and the planet at large. Just as you argue about the old ESG lacking clarity, it seems there are only clear instructions for Employees and Government, but Society is left fuzzy with no actionable steps aside from asking “Are we thinking about society?” which is not enough to keep a company accountable. Just as you say in Government that a business can’t take from the government without giving back in the form of taxes, companies must also not extract from the earth more than they can regenerate, what some might call an “Earth Tax”. Overall, this new ESG feels like a regression back to a world where we disregard and take for granted our use, and our corporations’ use, of the natural resources of our planet. Interested to hear your thoughts on this.
PayPal is probably not the best candidate to use as an example of companies that do the right thing. Their recent attack on the Free Speech Union was shameful. PayPal are bullies, pure and simple. Apart from that, an enjoyable article.
I love the heart behind this post, but feel the new ESG still lacks clarity around looking at the negative effects a company has on its society and the planet at large. Just as you argue about the old ESG lacking clarity, it seems there are only clear instructions for Employees and Government, but Society is left fuzzy with no actionable steps aside from asking “Are we thinking about society?” which is not enough to keep a company accountable. Just as you say in Government that a business can’t take from the government without giving back in the form of taxes, companies must also not extract from the earth more than they can regenerate, what some might call an “Earth Tax”. Overall, this new ESG feels like a regression back to a world where we disregard and take for granted our use, and our corporations’ use, of the natural resources of our planet. Interested to hear your thoughts on this.
PayPal is probably not the best candidate to use as an example of companies that do the right thing. Their recent attack on the Free Speech Union was shameful. PayPal are bullies, pure and simple. Apart from that, an enjoyable article.