ESG – should the industry drop the acronym?

What does it take to convince C-level that the numerous components that comprise ESG are intrinsically linked to revenue? For Leah Carnegie, Chief People Officer at Lottoland, the answer is a simple one – drop the acronym.

The moderator of ‘why ESG is your business bottom line’ at the Gibraltar Ethical Gambling Forum instead suggested that a basic shift in mindset, and language, could ultimately lead to gaining attention at a higher level internally.

“As soon as I use the word ESG in a boardroom, I get sleepy eyes,” she said. “But if I use the words accountability, responsibility and sustainability, I will get some action. I don’t know whether ESG has been forced.”

Rather than proceeding down the current path, Carnegie suggested that influence should be adopted from approaches taken across other jurisdictions, notably the US, where she noted that she has witnessed the industry “talking more generally” about the aforementioned trifecta of issues.

“I think until we change our mindset..