ESG — which stands for Environmental, Social, and Governance — has become increasingly important as businesses recognize their responsibility to prioritize environmental and social investments.

Over the past few months, ESG has come under fire as politicians challenge whether ESG factors should be considered by investment managers and state pension funds. With the threat of being labeled “woke,” companies are looking for counsel on how they can maintain their commitments to environmental and social impact without being brought into the ESG fray.

We invited two business leaders to explain the ESG controversy and provide their insight to business leaders: Judy Samuelson, VP, Founder, and Executive Director of the Aspen Institute’s Business and Society Program; and David Young, Managing Director and Senior Partner of Boston Consulting Group.