ESG (Environmental, Social, and Governance) Report

ESG in Consumer Goods

Senior executives are skeptical of corporate sustainability, with 74% considering it a marketing exercise or greenwashing.

Sustainability used to be just about saving the planet. Today it has morphed into an umbrella term for environmental, social, and governance (ESG) issues.

In the coming years, ESG will be the most important theme discussed in boardrooms worldwide. It will transform the way that business is conducted.

  • What you need to know
  • Unilever, AB In-Bev, and Philip Morris are governance leaders, and Coca-Cola, Heineken, Danone, and Diageo are governance laggards. Environmental and social leaders and laggards are also highlighted in the report.
  • Senior executives are skeptical of corporate sustainability, with 74% considering it a marketing exercise or greenwashing.
  • Supply chain management is the foundation for ESG progress for FMCG companies.
  • L’Oréal UK pays female workers £0.66 for every £1 earned by a man. This is significantly worse than the UK industry average of £0.93.

Position yourself for the future and create a holistic ESG strategy using GlobalData’s ESG framework. Assess sustainability policies, performance, and progress against GlobalData’s ESG framework. Identify and mitigate factors that contribute to negative consequences and pursue actions to improve ESG performance.

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