Today, many companies are increasingly faced with ESG reporting obligations. As the global community becomes more aware of the effects of climate change and environmental degradation, companies are under increasing pressure to operate in a more sustainable and responsible manner, including operating with an “E” section on ESG.
But what exactly is ESG ? ESG is an acronym for Environmental, Social, Governance and refers to the obligation to report on non-financial aspects. In a sustainability report, a company must faithfully namibia phone number data and accurately reflect its impact on these three issues. Companies that take ESG factors into account take steps to minimise their negative environmental and social impact.
What does the “E” in ESG stand for?
The role of E in ESG is very broad and covers many factors, such as greenhouse gas management, energy efficiency, water management, biodiversity conservation and responsible waste management.
Key areas of environmental protection
According to the ESG reporting guidelines prepared by the European Stock Exchange and the European Bank for Reconstruction and Development, environmental issues in companies' sustainability reporting mainly concern.
Adaptation of companies to climate change
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