ESG And What Makes It The Compound To Company’s High Profits
The days are long gone when companies had only one thing to care about, and that is, increase in profit. Yes, there are companies who are still concerned about that but a surge in the concept of ESG has the table turned. While climate change was only a topic of discussion years back, today, it demands an action and companies are at a higher risk than ever to this threat. Businesses that stay under the effect of ESG are observed to generate far lesser profits than companies that have a strong implication on ESG policies.
What Does ESG Mean?
ESG is an abbreviation for Environment, social and governance. This term stands for maintaining clean and green energy revenues and promoting a higher transparency within an organization.
Overall, Environment is an umbrella term for the social responsibility companies should now take a part in. But this doesn’t stay limited to the … Read More