At the core of ESG are deep and irreversible changes in societal attitudes. Increasingly aware generations of consumers want to know how their purchasing decisions affect the environment in which they live. ESG is a coherent concept that allows for measuring and assessing the impact of a business on the environment in which it operates, and not just on the environment itself. The ESG acronym refers to three areas:
The environmental area measures and evaluates the impact of a company on the natural environment, such as greenhouse gas emissions, either independently or as part of the value chain.
Social responsibility refers to the impact of a company’s activities on people, including employees, local communities, customers, suppliers, and other stakeholders associated with the company.
The area of management quality devoted to internal company processes aimed at ensuring compliance, transparency, and credibility. Here, we also deal with risk, both related to the company and its business model, as well as the value chain.
Companies that do not effectively manage the area of sustainable development in their activities, reflected in the non-financial report, may soon have difficulties or lose the opportunity to obtain financing for their development. There are at least four reasons why companies include sustainable development principles in their strategies:
We specialize in assisting businesses with sustainable development issues. We strive for comprehensive work on all ESG dimensions – environmental, social, and governance.
We offer a wide range of ESG services, including:
We recommend an ambitious, 4-stage approach that builds competitive advantage through ESG, rather than just “catching up” with regulations.