Reputation, risk and the changing role of ESG in corporate governance
Originally published in The Globe and Mail - https://www.theglobeandmail.com/business/commentary/article-esgs-and-how-climate-change-affects-business/ The Attorney-General of the State of New York recently sued Exxon Mobil, alleging that Exxon defrauded shareholders by omitting to provide material information in its public disclosures about how climate change might affect its business. The case raises the issue of environmental and social governance – known as “ESG.” Fro