The ESG Revolution in Mauritius: Demystifying ESG

As the pandemic has highlighted the volatility of the business environment, our communities, and existing governance systems, the need for sustainability and resilience has taken centre stage. Managing our environmental, social, and governance (ESG) impacts from business operations and on the communities where they occur is growing, both as a risk and an opportunity. Incorporating a well-defined and holistic ESG strategy can mitigate current and future growing risks for any corporation. In our upcoming 3-part series, PL Consulting and ADEC Innovations in collaboration with Orison Legal discuss how ESG may be a major turning point for businesses in Mauritius and the region.

In the first part of our series, our panelists define the components of ESG with respect to current best practices and examine how the prominence of ESG has grown in recent years. We discuss how ESG is being applied at various levels of business including as a result of pressures coming from investors, companies, supply chains, and communities. Through case studies, we evaluate how COVID-19 has accelerated and affected the relevance of ESG at an international and local level. Finally, with a focus on existing legislative framework in Mauritius, we discuss how ESG can revolutionize the way of doing business and add value for industry players going forward.