ENVIRONMENTAL, social and corporate governance (ESG) is slowly making its way in conversations in the enterprise market, broadening the many ways to address organizational value among stakeholders. It includes the environment as an additional stakeholder, among others, and is recommended to be incorporated in an organization's strategy. In addition, it covers the treatment of an organization's employees and stakeholders, and its adherence to ethical and transparent governance practices. Alongside the rise of ESG, technology has emerged as a powerful tool for driving positive change and enabling sustainable practices. This intersection of ESG and technology highlights how technology can be leveraged to advance environmental sustainability, social responsibility and effective governance, effectively aligning to the United Nations' Sustainable Development Goals.
In understanding the ESG framework, it is important to consider the dimensions that are part of it:
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