Environmental, social, and governance (ESG) and its role in third-party risk management have gained prominence this past year as the awareness for environmental and social issues continue to grow. Not only are regulators creating more frameworks and standards around ESG but customer expectations for transparency and ethical partnerships are mounting. This movement has shed a light on how organizations approach ESG-related domains – including climate change, carbon, modern slavery, trafficking, diversity & inclusion, and anti-bribery & corruption – and examines how prepared they are to manage operational risk in their third-party ecosystem.