“Progress is impossible without change, and those who cannot change their minds cannot change anything.”
- George Bernard Shaw
Momentum is building around the call for responsible investments focused on environmental, social, and governance (ESG) risk. Many early adopters have embraced the United Nations Sustainable Development Goals framework as a structured means of communicating their ESG impact progress. Institutional investors are rapidly maturing their ownership strategies to position ESG responsible businesses in their portfolios. Asset management companies such as Columbia Threadneedle are creating unique responsible investment rating systems to assess financial stewardship and ESG risk management. Many of these organizations are referencing the lessons learned from helping companies address sustainability risks and opportunities to inform how they develop ESG guidance and influence.