By: Harjinthar Singh PhD and Hafidz Win Environmental, Social, and Governance or ESG refers to a set of criteria used to evaluate the sustainability and ethical impact of an investment or business. Simply put, ESG is the convergence of these three issues to impact a company and its stakeholders. ESG factors are used to assess the performance of companies in terms of their environmental impact, social responsibility, and corporate governance practices through: 1. Environmental - This aspect of ESG focuses on a company’s environmental impact and its commitment to sustainability. It includes factors such as carbon emissions, energy efficiency, waste management, water usage, pollution prevention, and natural resource conservation. Companies that prioritise environmental sustainability may adopt practices like renewable energy usage, recycling programs, and eco-friendly manufacturing processes. 2. Social - The social dimension of ESG evaluates a company’s impact on soc...