S-RM Discusses ESG and Social License

Global consultancy S-RM has emphasized the rising importance of the Social License to Operate (SLO) in ESG strategies, warning that companies—especially in the extractive industries—must earn community trust through proactive, transparent engagement. Their latest report reveals growing ESG budgets but highlights a gap in maturity and responsible supply chain integration, urging firms to strengthen the 'Social' pillar to avoid reputational and operational risks.