In a piece she wrote for Fintechly, a financial technology publication, Allison Sagraves wrote about ESG investing—specifically about the “S,” or social component.

Sagraves called attention to the fact that small businesses today promote the public good and are vital to the U.S. economy, representing almost half of private sector employment and 44% of economic output. Yet, according to a study by the Federal Reserve, less than half of small businesses report they are getting access to credit that they need to run and grow their businesses.

She added:

Looking ahead, we need both the humility to question how we do things and the courage and commitment to change. That is the essence of leadership and the opportunity before us—to see our role in business as aligning purpose and profit to advance the “S” in ESG.