ESG Opportunities

From Open Risk Manual

Definition

ESG Opportunities are any opportunities for private or public development that emerge as a result of focusing on Environmental Social and Corporate Governance. Such opportunities are diverse, linking to various ESG Factors and completes the range of potential outcomes (ESG Risks).

  • Early identification of emerging risks, threats, management failures
  • New business opportunities
  • Customer satisfaction and loyalty
  • Reputation as an attractive employer
  • Alliances and partnerships with business partners and stakeholders
  • Enhanced reputation and brands
  • Reduced regulatory intervention
  • Cost savings
  • Access to capital, lower cost of capital
  • Better risk management, lower risk levels

References