Understanding ESG: Why Environmental, Social, and Governance Matters for Every Business
In today's fast-changing business landscape, Environmental, Social, and Governance (ESG) factors have become crucial for companies striving for long-term success. ESG is more than just a trend—it's a strategic framework that helps organizations operate responsibly while building trust with stakeholders, investors, and customers. In this blog, we’ll explore what ESG is, why it matters for every business, how it benefits organizations, and how companies can successfully integrate ESG into their operations. What is ESG? ESG stands for Environmental, Social, and Governance . It is a set of non-financial criteria used to evaluate how a business considers its impact on the world and its internal ethical standards. ✅ Environmental This focuses on how a company affects the natural environment. It includes: Energy usage and carbon emissions Waste management Water conservation Sustainable sourcing Climate change policies ✅ Social This examines how a c...