Sustainability and ESG in companies
In today’s world, the topic of sustainability and ESG is becoming increasingly important. Companies, investors and governments recognize that sustainability is an important factor for economic success and the well-being of society.
ESG stands for environmental, social and governance and encompasses the criteria considered when assessing the sustainability of companies, investments and governments. If a company achieves good results in these areas, it is considered “ESG compliant” and sustainable.
As early as 2025, required ESG data must be measurable and documented. From 2026, these rules will also apply to publicly traded companies.
Do you need support to implement ESG criteria in your company? Are you looking for an expert on ESG as a keynote speaker for a conference? We would be happy to put you in touch with the right coach or speaker on sustainability, CSR and ESG: +49 (0)30 640 777 42 or contact@leading-minds.com
More about sustainability and ESG
Environmental criteria refer to the impact that companies and investments have on the environment. These include, for example, CO2 emissions, water consumption, waste disposal and the use of renewable energies. Investors consider these criteria to ensure that they invest in companies that minimize their environmental impact and reduce their ecological footprint.
Social criteria refer to the impact that companies and investments have on society. These include, for example, working conditions, respect for human rights, diversity and inclusion, and community engagement. Investors consider these criteria to ensure they are investing in companies that treat their employees fairly, respect their customers and suppliers, and contribute positively to society.
Governance criteria refer to the way companies and governments are run. These include, for example, corporate governance, transparency and accountability, board structure, and compensation policies. Investors consider these criteria to ensure that they invest in companies that are well managed, transparent and treat their shareholders fairly.
Sustainability and ESG criteria are becoming increasingly important for companies and investors, as they not only help protect the environment and society, but also ensure long-term economic success. Companies that pay attention to sustainability and ESG criteria are better positioned to manage the risks of climate change and other environmental issues while taking advantage of opportunities for growth and innovation. Investors who invest in these companies benefit from long-term returns and reduced risk to their portfolios.
However, it is important and to note that ESG criteria are not only relevant to investors, but also to consumers and society at large.
By choosing products and services from companies that pay attention to sustainability and ESG criteria, consumers are helping to create a more sustainable economy and society. Governments can also play a role by creating policy frameworks that encourage companies and investors to pay attention to sustainability and ESG criteria.
In summary, ESG is an important factor for economic success. If you have any questions for our LEADING MINDS on sustainability and ESG for business, please contact us: +49 (0)30 640 777 42 or contact@leading-minds.com