All about the “G”

Writing down thoughts at the very moment history most likely takes a turn is a risky endeavour. One might underestimate the change and look ridiculously complacent overnight. Or err in the other direction and come across as a hysterical alarmist. Or by refusing to be emotional and just comment facts seem cold and indifferent to suffering. It is truly difficult to find a suitable tone and a resilient theme. In addition, it is cumbersome to express thoughts that are still taking shape. So bear with me.

Over the last two years I have participated in a number of discussions on ESG. My contribution in those discussions was rather boring. I only had one point to make. You could call it a conviction. Some would label it a compulsion. In each discussion I repeated this: the order of the three letters in ESG is wrong. It should all start with the “G”. If you do not have good and reliable governance in place, you do not have the means to deliver on the “E” and the “S”. Nor can you be a good steward of any of