I
n the pre-ESG era, a complex web of environmental, social, and governance concerns threatened to disrupt even the most seemingly stable businesses. As the early 2000s dawned, companies found themselves grappling with non-financial risks that could quietly erode their bottom line.

    The landscape was fragmented, with few clear guidelines or benchmarks to help executives make informed decisions. It wasn't until later, when ESG (Environmental, Social and Governance) considerations began to gain traction, that the industry started to coalesce around a more comprehensive approach to risk management.