Editorial: Can gender equality and auditing be ESG issues?

Abstract

The ESG framework is used to assess a company’s sustainability and ethical practices. It has been initially used by socially conscious investors to evaluate potential investments. Historically, the first ESG-type index — Domini 400 Social Index — was created by Amy Domini from KLD Research & Analytics in 1990. Yet, the term ESG came into existence in 2004 in a report from leading banks and investment firms for the United Nations (UN Global Compact, 2004). In finance, we can relate to the experience of two renowned finance Professors Alex Edmans (London Business School) and George Serafeim (Harvard Business School).