Beyond green – Robust ESG initiatives help manufacturers do good — and do well
Abstract: In today’s highly competitive markets, it’s critical for manufacturers to embrace environmental, social and governance (ESG) initiatives. Mounting pressure from investors, customers, employees and regulators is rapidly transforming ESG from a laudable goal into a business necessity. This article reviews what ESG is, why it matters for manufacturers and some benefits of incorporating ESG practices. A short sidebar covers how green factories may provide significant financial benefits in the form of reduced energy costs.