
Three letters with great significance. The abbreviation ESG stands for Environment, Social and Governance. ESG is increasingly being used as a synonym for sustainability. The concept forms a framework and divides sustainability into the following areas:
🌳 Environment: environmental impact, climate and resource strategy
🙏 Society: equal rights, labour and human rights
🚩 Corporate governance: sustainability strategy & compliance
The ESG framework is an essential component of current EU legislation in the area of sustainability. For example, many companies will be obliged to provide ESG reporting from the 2023 financial year and ESG criteria are also becoming increasingly important for lending.
What is your company's actual position on ESG? What obligations will affect your company and how can you use ESG to your advantage?
Get in touch with us! We will be happy to advise you.
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