Supply Chain Digital Magazine April 2024 | Page 140

ESG in supply chain : a timeline
SUSTAINABILITY

ESG in supply chain : a timeline

Not so long ago , ESG was a ‘ nice to have ’ in supply chain ’. No longer . Now consumers demand endto-end ESG-compliance across an organisation . Here is how investment in ESG initiatives evolved .
1960s & sustainable investment The 1960s marks the dawn of sustainable investment . It sees the beginning of ‘ socially responsible investing ’. Organisations begin to exclude stocks or entire industries from their portfolio should their operations not be seen as ‘ socially responsible ’.
2005 – ‘ ESG ’ first coined The term Environment , Sustainability & Governance ( ESG ) is coined by the UN Global Compact in 2005 in a study called Who Cares Wins , which urges the financial industry to better integrate ESG issues in securities brokerage .

1960 2005

140 April 2024