Recently, environmental, social and governance (ESG) issues have risen to a position of prominence for many organizations. In fact, 90% of the S&P 500 published some form of ESG disclosure in 2020, an increase from the 20% in 2011. 

The drive to a more strategic focus around ESG risks and opportunities is often fueled by the growing expectations of stakeholders consumers, industries and other external communities. Growing expectations from stakeholders require a more intentional focus around ESG factors to drive long-term value. Simply put, a broadened corporate decision-making framework that encompasses ESG often encompasses delivering value to all stakeholders as a means to driving shareholder value.