Environmental, Social and Governance:

The discussion around environmental, social and governance (ESG) issues is gaining traction – and will have long-term ramifications for the auto industry. ESG reporting considers risk factors beyond just a company’s financial metrics, such as their sustainability practices (as well as the practices of their suppliers), environmental risk-management strategies, stances on social issues and the make-up and effectiveness of their boards of directors. Here Y Nguyen, head of sustainable risk advisory and North American sustainable supply chains at BDO, a global accounting and financial-advisory company, takes a deep dive into this complex issue and offers some valuable insights and perspectives.