Know This Term: ESG
There’s hardly a day that goes by where the Croixstone team doesn’t hear the term ESG being used by one of our clients.
So what does ESG mean?
We like the following definition used by the folks at Investopedia.
“Environmental, social, and governance (ESG) criteria are a set of standards for a company’s behavior used by socially conscious investors to screen potential investments. Environmental criteria consider how a company safeguards the environment, including corporate policies addressing climate change, for example. Social criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Governance deals with a company’s leadership, executive pay, audits, internal controls, and shareholder rights.”
Learn more about ESG via Investopedia here.