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What's the buzz about ESG?

REMEMBER when paper, metal or even edible straws were introduced to replace plastic ones? It was a pain, but many hopped on the bandwagon. Soon enough, it was no longer a fad but a movement. More people enlisted in the green army, buying into the idea of electric cars, responsibly sourced coffee beans, saving sea turtles, committed young men and women spreading the gospel about climate action, and even smart, sustainable homes. These seemingly sporadic movements were spurred by what is now known as ESG, or environmental, social and governance, criteria, and it's here to stay.

What is ESG and its relevance in today's world?