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ESG is increasingly being integrated into business operations and investment practices. It is important to understand which of these issues are most relevant to company operations. Identifying these and working to collect data, disclose current performance and improve future performance can help drive value for a company in the long run.
In 2022, ICSC conducted an Environment, Social, Governance (ESG) materiality analysis in order to grow ESG opportunities for our membership. The findings of this analysis point to an interest in renewable energy and greenhouse gas emission management, diversity, inclusion, employee health and safety, and board diversity as priorities. The analysis also pointed to the desire to see ICSC provide opportunities for sharing best practices and landlord/tenant partnerships related to ESG.
To that end, ICSC is launching an ESG Committee to provide a resource forum for ESG practitioners at our member companies. To express interest and learn more about this ESG Committee, ICSC members should contact Lesley Campbell at lcampbell@icsc.com