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How Environmental, Social, and Corporate Governance (ESG) could be different



Net zero / less carbon emission pledges could be standardized / meaningful

ESG scores could be standardized, reflect corporate responsibility rather than risk, and not be composite scores

Leather / beef / soy could cause rainforest deforestation

ESG could focus on metrics relevant to business profitability

Companies could not greenwash / abandon CSR initiatives to reduce plastic

Corporate boards could create a "Statement of Purpose"

Labor unions could protect employee activism and company ethics