Ideological employee groups, ESG requirements and staff activism have nothing to do with business, writes Baroness Joanne Cash

The British economy is flatlining. We are faced with stagnant economic growth, low productivity and no compelling economic strategy offered by the current government to tackle our underlying problems.

Yet instead of freeing business to thrive and grow, we burden them with costly obligations. Environmental, social and governance reporting, better known as ESG and its offshoots such as B Corp certification, have grown into a vast moral bureaucracy.

A report by Policy Exchange today clearly sets out just how wasteful the ESG regime is. It is a conversation we urgently need to have.

Expensive ESG policies are distracting businesses

Compliance with ESG frameworks and the expensive, private, voluntary B Corp certification now........

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