According to Mercer, generational changes in the workforce will also account for greater priority in ESG strategies. Millennials and Generation Z will make up most of the workforce by 2029. These emerging demographics tend to have greater environmental and societal concerns than previous generations.
Each generation of business leaders confronts a new set of opportunities and challenges, and sustainability and ESG is undoubtedly at the top of this generation’s. Laura Heuston outlines why companies should develop a clearer sense of what sustainability means to them and what directors can do to oversee and report on sustainability effectively.