ESG – Environmental, Social and Governance
Half a year of hard work on the ESG project is ahead of us. We are looking forward to a series of trainings, meetings and involvement in this concept.
But let’s start from the beginning, what is ESG?
ESG it is a concept that evaluates the activities of companies in terms of three key aspects:
- Environmental: Related to the company’s impact on the environment, including resource management, CO2 emissions, and sustainable development policy.
- Social : It concerns the company’s activities in the field of social responsibility, such as working conditions, human rights, diversity and involvement in local communities.
- Governance : It covers the way the company is managed, transparency of activities, business ethics and the process of making responsible decisions at the management level.
In other words, it is a set of criteria that investors and companies are using to assess how well a company handles environmental, social responsibility and management issues.
Companies applying ESG principles strive for long-term, sustainable development that takes into account the benefits for the environment, society and their organizational structures.