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Opinion

Beyond Doing Good: Why ESG Makes Great Business Sense For African FinTechs

Funmi Dele-Giwa, General Counsel & Head, GRC, MFS Africa
Aug. 10, 2023, 12:37 p.m.
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Word count: 1160

If you’re reading this, there’s a very good chance you’re already familiar with the acronym ESG. Standing for “environmental”, “social”, and “governance”, it’s a constantly evolving standard that emphasises the importance of doing business in a way that positively impacts the environment, society and stakeholders. In essence, it’s the idea that companies can grow and profit while doing good and it encourages businesses to be more transparent about how they add to or create value for their society, community and/or stakeholders.

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