Corporate sustainability,meaning the ability of a business to manage risks and opportunities to promote long-term enterprise durability and value creation,is manifesting in many organizations through ESG commitments.The guiding principles of ESG are rooted in the United Nations Global Compact(2000)and subsequent report,”Who Cares Wins"(2004).Both encourage ESG-fo-cused leaders to create a continuous improvement cycle that places measurable goals at the center of corporate decision-making and action to mitigate enterprise risks and emphasize enterprise opportunities.As detailed by the International Financial Reporting Standards Foundation's SASB Standards,which”guide the disclosure of financially material sustainability information by companies and their investors,”relevant environment factors within the oil and gas sector may include greenhouse gas emissions,wastewater management or ecological impacts.Relevant social factors focus on human rights and community relations.Relevant governance factors may address business ethics,regulatory compliance and incident management.At the convergence of the ESG categories lies Environmental Justice(EJ)and the role of businesses in improving the lived experiences offence-line communities.
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