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Unveiling the power of the 'S' in ESG: How social responsibility shapes sustainable investment
When ESG—environmental, social, and governance—is discussed, the focus often gravitates toward environmental impact and governance standards. But the 'S' in ESG, representing social responsibility, is equally vital. It covers a wide range of factors, from employee welfare and diversity to community engagement and human rights. Businesses that focus on social factors not only enhance their reputations but also build stronger, more resilient foundations for sustainable growth. By embracing the social dimension, companies and investors alike can create long-term value while fostering positive change in society.