Introduction to ESG (Environmental, Social, and Corporate Governance) and its importance (Part One)

What is ESG? Definition and general concept

ESG is an acronym for three words: Environmental, Social, and Corporate Governance. This concept refers to a set of criteria and principles that evaluate the performance of organizations in the field of sustainability, social responsibility, and management transparency. ESG helps companies improve their environmental impacts, social impacts, and management structures and move towards sustainable development.

These criteria cover a variety of topics, including reducing greenhouse gas emissions, promoting diversity and inclusion in the workplace, transparency in management decisions, and combating corruption. In short, ESG is a tool that allows companies to manage and evaluate their performance from a social and environmental responsibility perspective.