ESG is an abbreviation of environment, society and governance. It is an investment concept and enterprise evaluation standard that focuses on the environment, society and governance performance of enterprises. Through ESG performance, you can assess the contribution of enterprises in promoting sustainable economic development and fulfilling social responsibilities.
The content of ESG covers a wide range.
Environmental aspects (E) refers to carbon emissions, environmental policies, waste pollution and management policies, energy use and management, natural resource consumption and management, biodiversity, compliance, etc .;
Social aspects (S) refers to gender balance, human rights policy, associations, health and safety, management training, labor regulations, product liability, compliance, etc .;
Governance (G) refers to corporate governance, corruption and bribery, anti-unfair competition, risk management, tax transparency, fair labor practices, ethical code of conduct, and compliance.
ESG promotes the enterprise from a single pursuit of maximizing its own interests to the pursuit of maximizing social value. The data proves that companies with good ESG performance have equally good operational and financial performance. Such companies can anticipate and manage current and future economic, environmental, and social opportunities and risks. , Reduce operating costs, create competitive advantages and long-term value
