Amidst ESG Backlash, Companies Should (and Are) Staying the Course on Sustainability hero image

Amidst ESG Backlash, Companies Should (and Are) Staying the Course on Sustainability

January 2023 Edition

What’s Around the Corner

Attacks on “Woke Capitalism” Go Global

Political movements globally weaponize attacks on “woke capitalism” to the detriment of companies taking stands on various topics, while political figures leverage attacks on business for their advantage and further divide societies.

Businesses committed to just and sustainable business are targeted as “elites” at odds with, and undermining, the “real” population and “ordinary people.”

Businesses can remain firmly committed to the fundamentals driving their commitments to just and sustainable business and make clear the long-term social, environmental, and economic benefits of their efforts.

Climate Despair Sparks More Direct Action by Climate Activists

Climate activists continue to escalate demonstrations in major cities from New York to London and take increasingly polarizing and disruptive tactics.

Direct actions will resonate with some citizens and alienate others. Some will perceive businesses to be more problematic and guilty of greenwashing rather than the solution. These deep divisions will render coherent public policy all but impossible.

Businesses need to communicate with humility, accuracy, and resolve to avoid greenwashing concerns, and they need to strengthen their advocacy efforts to promote sustained policy initiatives to speed the energy transition.

Coming Soon

In the wake of Roe v. Wade’s fall, the Center for Business and Social Justice provides guidance for companies on addressing this ongoing public health crisis.

The next Insights+ will dive into the implications of the Global Biodiversity Framework for Business following on from COP15.

Also coming soon: the latest on the arrival of new SEC regulations, and the adoption of the ISSB framework in CDP reports.

Our Experts

BSR's ESG team brings a depth of experience and knowledge to your sustainability strategy.

Aron Cramer portrait

Aron Cramer

President and CEO

San Francisco

Christine Diamente portrait

Christine Diamente

Managing Director, Transformation

London

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David Korngold

Managing Director of BSR Innovation Group

New York

Stay focused on sustainability as a driver of business value, innovation, and resilience.

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