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SMEs struggle to 'afford' ESG compliance

Speaking out: Keebine PIC: PHATSIMO KAPENG
Speaking out: Keebine PIC: PHATSIMO KAPENG

Small to Medium Enterprises (SME) are battling to catch up to the global demands for greater Environmental, Social and Governance (ESG) standards, Business Botswana president, Gobusamang Keebine says.

ESG standards are increasingly preferred by investors globally and refer to a company’s behaviour and its commitment to the safeguarding of the environment, engaging or benefiting the community, and adhering to sound corporate governance.

ESG standards cut across areas such as climate change, relationships with employees and suppliers, sustainable sourcing, executive pay, shareholder rights and others.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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