Six in 10 British say they have cut plans to improve their environmental performance, citing ... [+] difficulties caused by the coronavirus lockdown. The researchers found that in almost all instances, improved ESG performance raised national living standards. “Cutting back on efforts to improve corporate ESG performance is the exactly the opposite of what firms should be doing,” Caldecott said. “There is strong and growing evidence that better ESG performance makes for more profitable and less risky companies. The understanding behind this mission statement is based on research that shows a sustainable recovery will produce far greater returns than an attempt to revive a “normal” mode of operation.

Source: Forbes July 21, 2020 14:26 UTC