A geothermal power plant in the Philippines. Unpredictability in the global economy is prompting corporate managers to adopt the ESG framework.
The increasing volatility and unpredictability of the global economy arising from Black Swan events, such as the Covid-19 pandemic and the Ukraine war, is prompting corporate managers the world over to initiate measures to enhance their chances of survival. Many are adopting the ESG framework.
This strategy focuses on the ESG factors that are essential for the survival of the business enterprise over the long haul.
