Environment Social and Governance
ESG is not just an add-on; it’s a way of doing business. ESG is the foundation for any company that wants to be sustainable, ethical, and profitable in the long term
What Does ESG Means?
Environmental Social & Governance (ESG)
ESG is an integrated approach to environmental, social, and governance (ESG) issues in different industries. ESG covers a broad range of sustainability issues including human rights, gender equality, labor standards, disaster risk management, and climate change mitigation. The ESG framework has been adopted by many organizations to improve their own performance against international standards of corporate responsibility.
Steps to reduce the carbon footprint by investing in renewable energy sources and reducing their dependence on fossil fuels. They are also working on ways to reduce their dependency on oil.
The compliance market is used by companies and governments that have to account for their GHG emissions by law. It is regulated by mandatory national, regional or international carbon reduction regimes
Carbon offsetting is a measure aimed at offsetting the emission of carbon dioxide into the atmosphere as a result of industrial or human activity.
Benefits Of ESG
Having an ESG program in place helps boost brand recognition and even promotes brand loyalty. Today’s consumers and clients are increasingly aware of ethical spending and care more about what a company does to support sustainability.
Corporate social investment (CSI).
Corporate social investment occurs when a company allocates funds or resources to a project that improves the surrounding world without directly benefiting the company.
Corporate social investment is a form of corporate social responsibility and is a comprehensive approach or strategy for a company to improve the social, environmental, and economic well-being of its community or society as a whole.
Socio-Economic Development (SED).
Socio-economic development is the process of social and economic development of a society. Its aim is to maintain the social and material well-being of the country and its people, with the purpose of achieving the highest possible level of human development.