ESG stands for Environment, Social and Governance.
Definition:
ESG
ESG stands for Environment, Social and Governance. These are three main categories used in evaluating companies for their sustainable practices. Environmental factors cover climate and environmental impacts, social factors relate to the relationships between companies and their customers, employees and other stakeholders, and governance factors refer to the way a company is run. ESG has become a central theme in the investment world as more investors focus on investing in companies that have a positive environmental, social and governance impact.