---
title: ESG
date: 2024-03-27T13:20:51Z
modified: 2025-09-10T09:46:49Z
permalink: "https://chancerylaneproject.org/glossary/esg/"
type: glossary-term
status: publish
excerpt: ""
wpid: 1283
---

## Definition

**ESG** means environmental, social and governance factors \[of which the governance shall include issues of \[health and safety, safeguarding and gender\]\] \[considered by companies, investors, public sector and other organisations in a wide range of decision-making, strategy development, risk management, and reporting processes OR forming a \[published\] policy, framework, strategy or objective of a party\], including, but not limited to:

(a) environmental factors: climate change, resource depletion, waste, pollution and biodiversity;

(b) social factors: human rights, labour relations, community impact and health and safety; and

(c) governance factors: board structure, executive remuneration, transparency and accountability.

**ESG** means environmental, social and governance considerations where:

(a) environmental considerations may refer to [Climate Change Mitigation](https://chancerylaneproject.org/glossary/climate-change-mitigation-measures/) and [Climate Change Adaptation](https://chancerylaneproject.org/glossary/climate-change-adaptation-measures/), as well as the environment more broadly, such as:

(i) the conservation and restoration of Biodiversity including genetic, species, and ecosystem diversity;

(ii) pollution prevention and control;

(iii) the transition to a circular economy;

(iv) the sustainable use and protection of water and marine resources;

(v) waste prevention and recycling; and

(vi) the protection of healthy ecosystems.

(b) social considerations may refer to issues of:

(i) inequality;

(ii) inclusiveness;

(iii) labour relations;

(iv) investment in human capital and communities;

(v) human rights issues; and

(vi) the governance of public and private institutions, including management structures, employee relations and executive remuneration;

(vii) climate adaptation and resilience to address unavoidable climate impacts; and

(c) governance considerations may refer to:

(i) remuneration policies;

(ii) decision-making processes; and

(ii) adherence to responsible business codes.