Experts: ESG gone mainstream, but new regs still create headaches

Environmental, social, and governance (ESG) goals have gained acceptance from senior leadership because of upward pressure from employees, investors, and customers, according to compliance leaders speaking at Compliance Week’s National Conference in Washington, D.C.

Panelists discussing proactive approaches to ESG agreed corporate boards and the C-suite have mostly embraced the value of ESG, corporate social responsibility (CSR), and sustainability initiatives.

“What we are seeing is a market demand for sustainability,” said Michele Cahn, vice president of global government affairs, CSR, and compliance at Xerox. “The value really has become apparent to the C-suite and management team. We don’t have to sell (the concept) like we used to.”