CSEET · Economic and Business Environment · Environmental Governance
In the acronym ESG used in corporate sustainability reporting, what does the letter 'G' stand for?
The letter G in ESG stands for Governance. ESG means Environmental, Social and Governance, and the governance element deals with how a company is directed and controlled, including board practices, ethics, transparency and accountability to stakeholders.
- AGrowth
- BGovernanceCorrect
- CGovernment
- DGlobalisation
Explanation
ESG stands for Environmental, Social and Governance. The 'G' covers how a company is directed and controlled, including board structure, ethics, transparency and shareholder rights. The other terms are not part of the acronym.
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