In spite of growing demands for ESG performance data, most business leaders cannot accurately assess if ESG standards are being met within their supply chains, creating a major blind spot for companies’ performance.
Recruiting isn’t cheap, and the longer that a company’s HR department has to search for employees who aren’t impressed by their ESG actions, the more expenses the company incurs. It’s just one more way that ESG is material to performance.
Leaders now know enough about the problem to know they don’t know enough. As more leaders recognize their continued obligation to learn more in order to do more, we’ll see the capacity for real sustainability grow.