Expertise and partnerships in measuring environmental, social, and governance (ESG) factors
HEC Montréal and the University of Oxford’s Saïd Business School are partnering to develop knowledge on measuring corporate performance based on environmental, social, and governance (ESG) factors. Through this initiative, the partner institutions will also equip business partners with tools for sustainable and responsible management.
Through Measuring Beyond, HEC Montréal contributes to creating and sharing knowledge that will lead to improved application of standards and translate ESG factors’ integration into business and corporate social responsibility goals.
“Billions of dollars are being transferred to sustainable investments and the trend is gathering speed. The world is in transition, and it is crucial that managers have an in-depth understanding of the challenges brought by climate change and matters of ESG, as well as the resulting business opportunities.”
The strategic integration of ESG criteria enables us to manage social and environmental risks, but more importantly, it creates new business opportunities. It also creates long-term value for investors, businesses, and stakeholders.
The ESG criteria measure an organization’s performance on Environmental, Social, and Governance practices. Applying the criteria can be very useful, such as for identifying practices that have a positive impact on the environment, society, and good corporate governance. It can, for example, be used to go beyond the usual financial criteria in pursuit of sustainable and responsible investment.
As calls ramp up internationally for standardization of these measures, HEC Montréal is contributing to the creation of knowledge rooted in its expertise and close relationship with the business community.
Impact of company operations on the environment
Impact of company operations on society
The launch of the Measuring Beyond initiative comes on the heels of the recent arrival in Montréal of the North American office of the International Sustainability Standards Board (ISSB). This organization sets international standards for measuring environmental, social, and governance (ESG) factors.
Sustainable and responsible management
HEC Montréal’s commitment
Expanding knowledge and transfer activities
Training responsible leaders
Developing exemplary organizational practices
A unifying and influential ecosystem
Hectare urbain project
Sustainable Transition Office