What is ESG (Environmental, Social, and Governance)?
ESG refers to a set of criteria used to evaluate a company’s operations with a focus on environmental stewardship, social responsibility, and governance practices. These standards are increasingly used by socially conscious investors, including family offices, to assess potential investments that align with their values and long-term objectives.
Importance of ESG in Family Offices
Family offices often prioritize ESG criteria to ensure their investments reflect the family’s values and contribute positively to society. By integrating ESG considerations, family offices can manage risks, identify sustainable growth opportunities, and enhance their reputation as responsible investors.