The topic of Environmental, Social, and Governance (ESG) has gripped headlines and been on the tongues of board members of corporations worldwide, due to the rise of ESG ratings that go a long way to bolster the reputations of companies, as well the discourse on the harmful effects of climate change on the Earth, and public outcry at exploitative capitalism. On December 12th, 2023, Koranteng and Koranteng took this topic head on with a webinar titled "Integrating ESG Strategies into Business Operations." This timely webinar delved into the increasingly critical role of Environmental, Social, and Governance (ESG) strategies in shaping modern business practices. The event drew a diverse audience of professionals interested in staying abreast of the latest trends and developments in global business.
The webinar opened with a compelling introduction by Associate Bridget Agyei, setting the stage for an in-depth exploration of ESG strategies and their multifaceted impact. Our lineup of distinguished speakers brought a wealth of expertise to the stage.
The first speaker, Teresa Effie Cooke – Global HR director of D.Light and Founder of Capability Trust, provided a historical overview of ESG strategies, highlighting their evolution and growing significance in the global economy. Emphasizing the interconnectedness of ESG factors with long-term value creation, she underscored the need for businesses to adopt a holistic approach that integrates environmental, social, and governance considerations into their operations.
Next, the spotlight turned to Adam Smith, Partner at Anthony Omnia Strategy LLP and Head of Business and Human Rights, who delved into the tangible benefits of ESG reporting for businesses across various industries. Mr. Smith offered compelling insights into the future of investing, elucidating the pivotal role played by ESG strategies and reporting in shaping investment decisions. Drawing on real-world examples, he showcased how companies can leverage ESG practices to attract investors and bolster their competitive edge in the marketplace. His impactful session resonated with attendees, sparking engaging questions in the QnA session on the practical applications of ESG strategies in today's business landscape, especially the cultural relativism between the West and developing countries and disparate attitudes towards things like child labour.
The final speaker was John Boateng Akuoko-Tawiah – Head ESG, Sustainability and Climate Finance Development Bank, Ghana. He provided a comprehensive overview of the regulatory framework governing ESG strategies in Ghana and international best practices. He did a deep dive into the regulatory landscape and shed light on the complexities and nuances of ESG compliance, offering invaluable guidance to businesses navigating this evolving terrain.
The event concluded with an interactive Q&A session, allowing participants to engage directly with the speakers and delve deeper into specific aspects of ESG strategies.
In summary, our 4th Quarterly Webinar on "Integrating ESG Strategies into Business Operations" was a resounding success, offering a comprehensive exploration of the critical role played by ESG strategies in today's business landscape
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