Environmental, Social, and Governance (ESG)
ESG stands for Environmental, Social, and Governance, which are three important factors used to assess the sustainability and ethical practices of a company or organization. ESG criteria are increasingly being considered by investors, stakeholders, and businesses themselves to evaluate the overall impact and responsible behavior of an entity.
Undoubtedly, ESG has become an essential part of investment decision-making, corporate reporting, and risk assessment. Companies that actively address ESG issues can attract socially responsible investors, enhance their reputation, and foster positive relationships with customers and communities. Additionally, businesses that align with ESG principles are more likely to contribute positively to society and the environment, promoting a sustainable and responsible global economy.