Importance in companies and business

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ishanijerin1
Posts: 58
Joined: Tue Jan 07, 2025 4:40 am

Importance in companies and business

Post by ishanijerin1 »

ESG plays an increasingly fundamental role in the financial market. Its positive impact across the world is due to rapid cultural, behavioral and economic changes, associated with the transformation of relationships between people, companies and technologies and, consequently, in the investment market.

Sustainability is at the heart of decisions regarding financial investments, which are necessary to implement concrete actions to reduce damage and to fight for a sustainable economy .

The results from this new action come with:

Awareness about the use of products and services;
Connecting consumers with brands and their purpose;
A corporate mindset on ESG issues in their investment concept;
Inclusion of diversity and equity in audit directors auditors email database the workplace.
As a result, sustainability criteria are incorporated into company evaluation models, thereby encouraging the implementation of actions related to ESG criteria.

How to become ESG?
In different areas of activity, corporations need to adopt some measures so that ESG can be well applied, more assertive and bring a good image to the business.

In the areas:

– Environmental (E):

Natural resources must be used rationally to preserve biodiversity , reduce greenhouse gas emissions, reduce waste, seek full energy efficiency and treat solid waste.

– Social (S):

Improvements must be made within working conditions and relationships, so that inclusion and diversity policies can be encouraged both inside and outside the company. These actions will provide adequate training for employees, respect for human rights, ensure the privacy and security of employee and customer data, and promote a positive impact on the community in which the company operates.

– Corporate governance (G):

In governance, preserving the independence of the board of directors, together with the adoption of diversity criteria in the selection of its members, ensures fair and rational remuneration, following ethical and anti-corruption conduct in business. In this way, fiscal transparency is practiced and cases of harassment, discrimination and prejudice are eliminated.
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