Dec 10, 2020 / 12:30AM GMT
Steven Okun -
Well, great to be here with everyone. I'm a last-minute fill-in, Virginie sends her apologies. She could not make it. So I get to -- the honor of moderating my first panel for the Milken Institute. So thank you, Laura, and thank you to the team.
When we talk about ESG, we really talk about how a business operates. So ESG is a part of every single business. Every business has ESG elements. Some have more of the E, the environmental. Could be how much greenhouse gases they emit, could be how much water they use, could be the waste they produce and what they do with that waste.
From that S, that social bucket, it ranges from ensuring there's proper worker health and safety so that there's no forced labor or slave labor in your supply chain. It could be, do you protect your customers' data? Or are you out there selling it without their knowledge?
When it comes to governance, it's about ensuring that there's no corruption in your system. It's about having policies in place and processes in place so that Me Too doesn't happen at your company. It's about Board composition.
Tesla Inc at Milken Institute Asia Summit Transcript
Jan 23, 2024
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