The impact of Environmental, Social and Governance (ESG) practices extends far beyond a company's investment strategy, according to two experts on the matter. In an interview with MFMInSites.com, Suha Gillani, a Director within Grant Thornton's ESG and Sustainability practice, and Durran Dunn, a Managing Director of Grant Thornton's Risk, Controls and Compliance and Internal Audit practice, highlight how ESG impacts almost every aspect of a business from investments, to communications, to risk management, to employee relations. And while ESG principles technically apply only to public companies, Gillani and Dunn explain how the "trickle down" effect will require private companies to implement the guidelines into their overall business plan.
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