What are social values in the context of ESG?
In the context of ESG (Environmental, Social, and Governance) investing, social values refer to the values and principles that guide a company's relationships with its stakeholders, including employees, customers, suppliers, and the communities in which it operates. Social values can include a wide range of issues, such as labor practices, human rights, diversity and inclusion, community engagement, consumer protection, and product safety.
Investors who prioritize social values as part of their ESG strategy may seek to invest in companies that demonstrate a strong commitment to these issues, either through their policies and practices or through specific initiatives and programs. They may also consider factors such as a company's reputation, brand strength, and stakeholder engagement when evaluating its social performance. Ultimately, social values are an important consideration for investors who are seeking to align their investments with their broader ethical and social priorities.