What Is ESG Assessment?
Whether you’re looking to improve your environmental and social impact or seeking to appeal to a broader group of investors and stakeholders, an ESG assessment establishes your company’s ranking in environmental, social, and governance performance, which is the first step towards ESG compliance.
Why Is ESG Assessment Important For Businesses?
Both investors and consumers today are demanding more transparency in a company’s ESG efforts or lack thereof, with environmental and social issues gaining global prominence and widespread support in the social media age. To remain relevant and competitive, businesses need to start paying attention to their ESG impact.
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Frequently asked question:
A business that incorporates ESG policies in its operations takes proactive measures to operate sustainably, with social responsibility and transparency, such as by adopting low-carbon business operations and enforcing equal and inclusive employment practices.
Implementing ESG policies in your business can be a time-consuming and costly task, but using innovation approaches will make the process much more efficient and resource-effective. It’s a worthy investment to boost your business resilience against climate change and social and governance risks.
Implementing ESG policies in your business can be a time-consuming and costly task, but using innovation approaches will make the process much more efficient and resource-effective. It’s a worthy investment to boost your business resilience against climate change and social and governance risks.
As the first step towards ESG compliance, establishing your company’s ESG rating will allow you to identify the necessary steps for improving your performance in each area (environmental, social, and governance). It will demonstrate your commitment towards transparent, climate-friendly, and equitable business practices, which is key towards positive investor and public relations, besides paving the way for responsible ESG practices.
Six Paths Consulting partners with C-MORE, a tech consultancy focused on translating sustainability into business using its management tool, ESG Maturity. By pairing our innovation expertise with C-MORE’s state-of-the-art ESG management system, you’ll benefit from an innovation-driven analysis and implementation of ESG processes in your business. Talk to us to find out more.