ESG represents a 3-factor criteria framework for measuring the sustainability and societal impact of businesses. Below is a brief overview of each of the 3 ESG elements.
Environmental – the Environmental criteria covers corporate measures and policies aiming to improve a business’s overall environmental sustainability and impact on energy and raw material waste, carbon emissions and climate change.
Social – the Social factor of the ESG criteria framework focuses on the level of social responsibility of businesses and its commitment human rights, diversity and inclusion, work safety, community relations, consumer protection and personal data protection.
Governance – Governance includes all internal policies, controls and measures taken to ensure the legal and compliant operations of an organisation such as statutory reporting, auditing, AML, risk management, etc.
ESG has now started to take a central role in corporate strategy and policy agendas pushed by the ever-increasing pressure for its integration from investors, governments, and the general public:
In our upcoming newsletters, we shall share with you our solutions to discuss on the several topics and components that supports your ESG journeys: