Over the past decade, environmental, social, and governance (ESG) factors have captured the attention of trillions of dollars of capital, engaged thousands of consultants, and become a top strategic concern in the C-suite and board rooms. However, over the past 18 months, a countermovement has challenged the efforts to value ESG factors and incorporate them into strategic initiatives, claiming that such efforts are “woke” and antithetical to free markets. This countermovement has culminated in seven separate Congressional hearings in Washington, DC in July 2023, challenging various aspects of ESG integration. Yet, at the same time, EU ESG disclosure regulation continues to expand and investor and corporate interest in ESG factors remains strong.
Viviana Alvarez, Former Head of Sustainability and Corporate Strategy, Unilever North America
Monica Dimitracopoulos, EY Americas Corporate Sustainability Leader, Partner
Jennifer Grancio, CEO, Engine No. 1
Arthur van Benthem, Faculty Co-Director, Wharton Climate Center; Associate Professor of Business Economics and Public Policy
Witold (Vit) Henisz, Vice Dean and Faculty Director, ESG Initiative at the Wharton School; Vice Dean and Faculty Director, ESG Initiative; Deloitte & Touche Professor of Management
This event was presented in partnership with the ESG Initiative at the Wharton School.