Which social issue is included in the ESG framework?

The focus on gender inequality falls squarely within the realm of environmental, social, and governance (ESG) criteria, making it an important social issue to consider. Under the social pillar of ESG, various factors that impact society and community welfare are evaluated, and gender inequality is a significant concern globally.

Addressing gender inequality involves recognizing and promoting equal opportunities for all genders in the workplace, which can impact recruitment, employee satisfaction, and overall business performance. Companies that prioritize gender equality are often viewed more favorably by investors, consumers, and employees, leading to enhanced corporate reputation and potential long-term financial performance.

The other choices presented, while important concepts within a business context, do not align with the social considerations defined in the ESG framework. Market competition pertains more to economic factors, investment returns focus on financial performance, and risk pricing relates to insurance-specific financial methodologies rather than social responsibility.