Forética: New Report on the Importance of ESG and Corporate Stewardship to Improve Financial Performance

The Cluster of Transparency, Good Governance and Integrity, coordinated by Forética, has released the report “The Era of Stewardship: Increasing Pressure on the ESG Custody”.

The study analyzes the importance of environmental, social, and governance (ESG) aspects and the fiduciary responsibility of companies (stewardship) to integrate sustainability throughout the value chain and improve a company’s financial performance.

The report identifies five main trends that are accelerating the push to integrate sustainability into companies' value chains:

Climate action
The due diligence and human rights
The redesign of supply chains
Technological disruption
Regulatory pressure coupled with a greater degree of investment activism regarding ESG performance.

Since its launch in 2016, the Cluster of Transparency, Good Governance, and Integrity - made up of more than 55 large Spanish companies led by CaixaBank, Cuatrecasas, Grupo Cooperativo Cajamar, and Leroy Merlin - has analysed issues such as value creation through sustainability competencies in the Boards of Directors, governance and extra-financial management or ESG shareholder activism.

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