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In: Finance

Write a conclusion on the relevance and impact of ESG factors, especially social factors on the...

Write a conclusion on the relevance and impact of ESG factors, especially social factors on the sports industry for example NFL.

Solutions

Expert Solution

You can begin the answer by quoting that although social factors on the sports industry have not been in limelight like control over climatic changes, yet ESG factors have been gaining popularity in this area over the past few years. After a brief introduction, we can start focussing on the example and revolve our answer around all the ESG initiatives, especially social initiatives taken by the NFL in the past recent year of 2018-19. Here we need to mainly focus on the social factors in ESG and give a bit of brief analysis before we deep dive into the details. I am attaching a screenshot containing the analysis of the NFL. Please refer to it by the heading Table 7.  

You can mention that the NFL website contains information regarding health and wellness initiatives, being the second most popular being charities (97.0%). The NFL’s major league-wide initiative is the NFL Play 60 campaign, which is an initiative to encourage health and wellness for children. Additionally, the NFL has the Crucial Catch initiative each October for breast cancer research and awareness. Team-based initiatives and charities include the New York Jets’ Lupus Research Alliance, the Jacksonville Jaguars Foundation for community outreach, the Houston Texans’ Texans Care, and the Eagles Charitable Foundation.

In the end, you can give detailed information about the NFL's efforts in bringing social awareness and working for social causes. I am sending you the link to Annual report of NFL. Please go to - https://community.nfl.com/cards/29


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