This paper provides theories, models and practices to assist in understanding ethical decision making in relation to environmental, social and governance issues. It begins by defining sustainability and how it is measured and reported. The most influential is the UN’s definition of sustainability and its measurement by compliance with its 17 Sustainability goals. In his recent report into the finance sector, the Royal Commissioner was scathing in his assessment of the lack of integrity, honesty and ethics and endorsed the importance of reporting non-financial indicators of performance. However, there are few explanations of the links in the literature between ethics and ESG and how ethical decisions could be managed. The purpose of this paper is to address this issue by exploring the questions: What are: ethics? Business ethics? The main ethical theories? What is the relationship between ESG and ethics? What is the difference between ethics and morals? How do we apply ethical reasoning to ESG?

中文翻译：

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道德与ESG

本文提供了理论，模型和实践，以帮助理解有关环境，社会和治理问题的道德决策。它从定义可持续性以及如何衡量和报告可持续性开始。最具影响力的是联合国对可持续性的定义及其通过遵守其17个可持续性目标进行的衡量。皇家专员在最近对金融部门的报告中严厉评估缺乏正直，诚实和道德的行为，并认可报告非财务绩效指标的重要性。但是，很少有文献解释道德与ESG之间的联系以及如何管理道德决策。本文的目的是通过探讨以下问题来解决这个问题：什么是：伦理？商业道德？主要的道德理论？ESG与道德之间有什么关系？道德与道德有什么区别？我们如何将道德推理应用于ESG？