Young people are interested in the ESG agenda, ESG should turn into a value system
Today, colleagues talked about young people. I myself am a young person and I know that for us the values of justice, conscience, environmental protection, human rights, and so on are crucial factors in decision making. For example, according to a recent study, 64% of millennials today will not accept a job offer if the potential employer does not practice CSR [corporate social responsibility, — Ed.] — Artem Metelev, Chairman of the Council, Association of Volunteer Centers; Founder, DOBRO.RU.
For me, ESG is a value category, not an economic tool. If we consider ESG as an economic tool, then we either will discuss it in terms of being ‘fashionable’, and fashion changes sooner or later, or we will discuss it in terms of being ‘necessary’, and ‘necessary’ means regulation, control, punishment. <...> My point is that ESG should be born from within as a system of values, and not as some necessary, fashionable or obligatory standard, because then it will be a temporary thing — Kirill Androsov, Executive Director, Atlas Asset Management Pte. Ltd.
The values that form ESG factors — environmental responsibility, social responsibility, quality of management — they matter for young people. There is also a number of studies on various topics, and they show that Russians in general, and especially young people in particular, have this expectation — Artem Metelev, Chairman of the Council, Association of Volunteer Centers; Founder, DOBRO.RU.
It seems to me that the overall attitude in the society today and sufficient level of demand have already been formed. It means that ‘fashionable’ will gradually become a value, and this is good on its own. No need to look for drawbacks here — Kirill Androsov, Executive Director, Atlas Asset Management Pte. Ltd.