What does MPower mean by “ESG”?

• ESG represents a collection of Environmental, Social, and Governance factors, including (but not limited to):
  • E (environmental) = greenhouse gas emissions; energy and resource management; recycling of products
  • S (social) = data security and privacy; employee health and safety; diversity, equity, and inclusion
  • G (governance) = business ethics; board governance; board composition
• ESG factors help a company think holistically and deliberately about how its sustainability practices impact both stakeholders and society
• We consider it a strategic framework—a way to help a company grow sustainably
• It is NOT a box-checking compliance exercise
• For a long list of the ESG questions we ask as MPower, please see here

<aside> ☝ What is the difference between ESG and SDGs?

• ESG is a broad framework a company can use to think about the impact it has on various stakeholders and, in turn, to become more sustainable in the long term
• The United Nations Sustainable Development Goals (SDGs) are a set of targets for achieving a sustainable society by 2030. They are written in such a way as to be applicable to both individuals and organizations
• While ESG and SDGs cover an overlapping set of topics, SDGs can be viewed as one ESG framework—much like other frameworks such as SASB, GRI, etc. </aside>