In these materials we will look at what Environmental, Social, and Governance (ESG) is. This topic is a brilliant opportunity to think more broadly about some of the impacts that businesses can have on the communities and societies that they operate within.
To guide your engagement with the materials let's take two simple questions:
What is ESG and why is it important?
How is the company that you work for doing to better comply with ESG standards?
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For a more general background, let's start with this article from Investopedia What Is Environmental, Social, and Governance (ESG) Investing?, which gives us a brilliant overview of what ESG is.
The video from Bloomberg thinks about MSCI, the largest ESG rating company and questions how reliable ESG ratings can be;
The last resource that I want to include is the diagram below. The diagram presents a series of ESG factors, all of which are presented as nouns - a brilliant excercise to build vocabulary is to practice taking these nouns and turning them into sentences. Imagine needing to complete the sentence "A company needs to...". To be able to do this then we would need to have the correct associated vocab for each words, for example: "A company needs to...have a climate change strategy...respect biodiversity... be aware their water efficiency or how efficient that they are with their water use..." As you can see, actually taking these nouns and turning them into a spoken sentence can be a bit of a challenge, which is why it is a good excercise!
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Having looked at, read and listened to the materials on this topic, and though about the questions you are ready to practice talking about this topic as part of a fluency building lesson!
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