Why is ESG important?

As demand for ethical and sustainable practices increases among investors, clients, and the wide society, the need for improved, transparent ESG performance has also grown. Demonstrating your ESG credentials through requirements set out by international bodies, local authorities and regulations can result in added benefits, including:

• Engage customers by putting environmental and social issues at the forefront
• Optimize investment performance, capital cost, and an organization's valuation
• Improve ESG data quality and management for better evaluation and quantification of the impact of social and environmental responsibility efforts
• Empowers organizations to communicate the current state and outline future initiatives
• Identify relevant impacts and opportunities to reduce risk exposure
• Relieve regulatory and legal pressures
• Increases efficiencies by conserving resources, reducing costs, and enhancing productivity
• Provide more positive results through the value chain
• Develop trust with governing parties for smoother entry into new markets

ESG – Environmental, Social and Governance | SGS United Kingdom