Most of the workers are putting in minimal work efforts expecting huge pay outs and raises and when it is combined with terrible business decisions, supply chain issues, and low pay and moral this is a recipe for mass exodus of the brightest and the best to places where they can make a difference.
ESG is garbage and implementing it at the cost of your client base is super short sighted but hey we check the diversity boxes and make all the blue haired weirdos feel included. Look at Paypal trying to fine you $2500 for misinformation. That never even made it an inch before massive pushback.