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ESG blah…blah…blah!

Buzzword: ESG and its reporting standards are a topical subject PIC: AZEUSCONVENE.COM
Buzzword: ESG and its reporting standards are a topical subject PIC: AZEUSCONVENE.COM

In recent years, the term "ESG" has permeated boardrooms, corporate annual reports, and marketing campaigns like an infectious buzzword. What does it actually mean though? How has it evolved?

Environmental, Social, and Governance, or ESG, was once a lofty idea that was supported as a driver of change in the corporate sector. However, businesses more concerned with looks than results have hijacked, distorted, and dilute it. It's high time we cut through the smoke and mirrors and demand substance from the world of ESG.

Let's not delude ourselves: ESG is nothing more than a glamorised marketing ploy in its current form. Numerous businesses have blatantly taken advantage of it to give the appearance of accountability while maintaining their unwavering focus on profit. They talk about "transparency," "diversity," and "sustainability," but they don't really mean to change the way they act. We should expose it for what it is — corporate virtue signalling, which is all it is.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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