DUBLIN–(BUSINESS WIRE)–The “ESG (Environmental, Social, and Governance) in Telecoms and Technology – Thematic Research” report has been added to ResearchAndMarkets.com’s offering.
ESG (environmental, social, and governance) is the most important strategic theme of the decade. Companies must perform well in all areas of ESG; being a laggard in any one of the 12 pillars outlined in the ESG framework will hurt their brand reputation and, ultimately, profits. Increasingly, ESG will also play a growing role in attracting both investment and talent.
Key Highlights
For decades, the reigning philosophy of business management was the one promulgated by economist Milton Friedman, who favored free-market principles and minimal regulation. Friedman’s view was that corporations were solely responsible to their shareholders and bore no responsibility to anyone or anything else, including the environment. While this view was never universal, it held great sway among corporate managers even as environmental awareness grew and governments adopted environmental protections.
The financial crisis of 2007 cast a shadow over Friedman’s free-market doctrine. The public began to question profiteering by big business and put pressure on regulators to tighten controls. At the same time, the consequences of climate change became more apparent, leading many to demand that companies be more transparent about their environmental impacts.
A new market mechanism is emerging that promises to drive progress, which we call the ESG action feedback loop. In short, companies act on ESG and win stakeholder support (e.g., from customers, partners, employees, and investors). This drives a reputational and competitive advantage, which incentivizes further action and participation.
Scope
This report looks at the impact of ESG on the telecom and technology sectors. Its foundation is publisher’s ESG Framework, which was to help companies build trust with society and set them on a path towards a sustainable future.
Companies can use this framework to assess their sustainability policies, performance, and progress. It will help them identify and mitigate factors that contribute to negative consequences and pursue actions to improve ESG performance. It provides a checklist for CEOs to ensure their management policies and practices address all aspects of sustainability.
Key Topics Covered:
Executive Summary
ESG Framework
Contributing factors and mitigating actions
Trends
Technology trends
Macroeconomic trends
The ESG Action Feedback Loop
ESG Challenges in Technology
Environmental challenges
Social challenges
Governance challenges
Case Studies
Environmental – Google
Social – Deutsche Telekom
Governance – Singtel
Timeline
Companies
Sector Scorecards
Application software sector scorecard
Telecom infrastructure sector scorecard
Telecom services sector scorecard
Glossary
Companies Mentioned
ADVA
Alphabet
Amazon
Apple
AT&T
BT
Ciena
Cisco
Comcast
CommScope
Deutsche Telekom
Ericsson
Huawei
Iskratel
Juniper
Nokia
NTT Global
Orange
Ribbon
Samsung
Singtel
Telefonica
Verizon
Vodafone
ZTE
For more information about this report visit https://www.researchandmarkets.com/r/vmhqe9