What is ESG and what does it mean for tech?

Environmental, Social and Governance criteria are become more established in deciding if a company is being investable. This means all businesses should explain how they address their environmental impact, play a positive social role, and have robust governance procedures in place.

Investors and stakeholders are becoming increasingly aware of company performance in this area and a summary of a recent techUK webinar is below.

  •         ESG is action, reporting and communicating on what a company is doing to leave a positive impact on the world. This has been driven by a mixture of regulation, investor action, NGO pressure and company culture shifts.
  •         Environmental criteria are well understood and regulated, but the social element is less so and dynamic but would include for example what a firm is doing on worker wellbeing, diversity and inclusion or gender pay.
  •         Companies that do best at ESG do so by having board level oversight and embedding it across all functions – for example in procurement, HR, and into financial decision making.
  •         For tech firms they can emphasise digital skills, energy reduction potential and its role in data collecting and helping improve transparency of businesses. Real time reporting on ESG activity is increasingly an option.
  •         The investor sector has been essential in shaping ESG criteria and helping invested companies implement ESG programmes.

To learn more what techUK is doing on ESG and sustainability please get in touch with Susanne.Baker@techUK.org or Craig.Melson@techUK.org.

  • Craig Melson

    Craig Melson

    Head of Digital Devices, Consumer Electronics and Environment and Sustainability
    T 020 7331 2172
An introduction to ESG and what it means for tech - meeting... (pdf)

Share this


Join us for an Introduction to techUK on Tuesday 24 November. Whether you are new to techUK, thinking of joining u… https://t.co/Xrp47iFBPP
Last chance to join us for Hong Kong Fintech Week 2020! If you're a techUK member, claim your discounted access to… https://t.co/4QToCzMNho
🚨 New #techUK report - Delivering diversity. techUK has catalogued how members are being proactive in tackling ine… https://t.co/ErzZx1C1Mi
Data adequacy is a hot trend right now. Read our experts letter for @LawSocBrussels delving into importance of data… https://t.co/ekCJOLf7Q5
@AwenCollective Welcome to techUK - we are delighted to have you on board!
The @techcharterUK have launched a new campaign called #DoingItAnyway to help more women get into #tech. Get inspi… https://t.co/WfftI5rKOD
Join our friends @bethebusiness and @Facebook next Wednesday for their latest regional event. If you’re a business… https://t.co/7xXtnWJeMJ
FINAL CALL: Nominations to the Health and Social Care Council close on the 2nd November. Step up and help to lead t… https://t.co/a5DIXuq64U
Become a Member

Become a techUK Member

By becoming a techUK member we will help you grow through:

Click here to learn more...