“All Things Work Together”
It is helpful to break ESG down into its component parts: “E” for environmental responses, “S” for social, and “G” for governance responses. This book adds a fourth dimension, being TPRRM1 (or “3PM”) responses, which completes the picture, noting that ESG cannot be properly managed without direct reference to 3PM.2 In the briefest terms, these are as follows.
E
It recognizes that the natural environment is under pressure from generally man-made factors and that current practice is broadly unsustainable. Few argue about this, although there is a view that “the science is not settled,” in the sense that neither risks nor remedies are properly understood. Be that as it may, the broad consensus ...
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