Three letters with great meaning. The abbreviation ESG stands for Environment, Social and Governance. ESG is increasingly being used as a synonym for sustainability. The concept provides a framework and divides sustainability into the following areas:
🌳 Environment: environmental impact, climate and resource strategy
🙏 Society: equality, labour and human rights
🚩 Corporate governance: Sustainability strategy & compliance
The ESG framework is an essential part of current EU legislation in the field of sustainability. For example, many companies will be required to report on ESG from the 2023 financial year and ESG criteria are also becoming increasingly important for lending.
What is your company's actual position on ESG? What obligations will affect your company and how can you use ESG to your advantage?
Come and see us! We will be happy to advise you.
#ESG 1TP5Responsibility #Sustainability #EngineeringForABetterTomorrow