While much attention has been directed towards the 'E' (Environmental) and 'G' (Governance) aspects of ESG (Environmental, Social, and Governance), the interpretation of the 'S' (Social) dimension has varied widely. I think that 'S' largely revolves around risk mitigation, but there's a noticeable shift towards promoting pro-social behaviour, with supply chain diversity emerging as a significant focal point. The stringent governance processes pose significant barriers to entry for small entrepreneurs, as well as female and minority-led businesses, making it challenging for them to break into the market. Without implementing structural changes in how larger companies engage with suppliers, streamline onboarding processes, and provide technological support, we'll continue to struggle with supplier diversity challenges. Supplier diversity is a crucial component of the 'S' in ESG and has been lagging behind. However, during discussions at Børsen (Copenhagen) on Monday, I heard about a few promising developments, including partnerships between companies, government organisations, and NGOs aimed at addressing this gap.