UK retailer, the John Lewis Partnership (JLP), has released its Plan for Nature, outlining a number of commitments to reduce its impact on the natural environment.
ESG is becoming a competitive differentiator and is of increasing relevance to investors, regulators and consumers. It’s a means of showing how accountable a business is for its performance on a range of stakeholder issues. But it’s one thing to decide that action should be taken and another to identify who should take on that responsibility and how.
One question is coming up more and more often – are companies serious about Environmental, Social, Governance (ESG) if they don’t link performance to compensation?