How ESG Legislation Will Shape Risk Programs

Ethical consumption is a type of consumer-based activism that involves purchasing from companies that support sustainability and ethical practices, and it is clearly on the rise. According to 2022 data from Forrester, 37% of adults surveyed in the United States said that concerns about climate change affect their purchasing decisions. Investors, regulators and employees also increasingly demand that companies act as environmental stewards; prioritize employee safety, product and process compliance; and exhibit good corporate governance.