The Cost of ESG.
The theory backing ESG is that – over the long term – companies doing the right thing will firstly, be more resilient to the threats occasioned by doing the wrong thing (like poor corporate governance, for example) and secondly, actually deliver better results – for the same reason. Unfortunately, however, some companies still view ESG as a compliance issue – and therefore view the costs associated with it as a compliance cost.
The big question then is “Does ESG really pay?”
- Is it a compliance cost, or is there tangible financial benefits in it for stakeholders, corporates and shareholders?
- Sustainability should, hypothetically, make a company more resilient – but does it?
- What about “green financing” – what is it and where do you get it? Is it cheaper? Is it available?
- What is ESG and what are the real world and what are the practical implications for African companies?
- And finally, how should they respond without breaking the bank?
Join Sandra du Toit, EY Africa Energy & Natural Resources Leader in discussion with host Michael Avery on SA’s leading business talk show to answer these questions and more.
Podcast
Duration 18h 00m 00s
If we take a look at the items that have caused major crises for major companies in the sector over the last few years – one can argue that the controllable factors that have had disastrous impact have been ESG issues.”
– Sandra du Toit,
EY Africa Energy & Natural Resources Leader
