The coronavirus pandemic has raised awareness among GCC countries of the importance of environmental, social and corporate governance (ESG) standards. If current trends continue, then ESG could become a valuable element of the region’s recovery from Covid-19. ESG standards are used by investors to evaluate potential investments, as well as enabling business leaders to formulate responsible and sustainable corporate strategies. Environmental criteria take into account a company’s environmental footprint, as well as the actions it takes to offset it. Social criteria evaluate how it manages relationships with its various internal and external stakeholders. Lastly, governance criteria evaluate the inner mechanisms of a company’s management and operations. Demand for investments that are ethical and sustainable has been increasing in recent years. Globally, more and more investors are turning to businesses that embrace ESG, and this tendency has been boosted by Covid-19. As phrased in a report published by S&P Global […]