The value of ESG for enterprises
Integrating ESG into business practices can lead to enhanced brand reputation, improved risk management, cost reduction, increased access to capital, and long-term resilience, ultimately contributing to the overall success and sustainability of enterprises. Following are some key reasons why sustainability is rising to the top of the agenda for enterprises.
Stakeholder expectations
As ESG principles take center stage, both internal and external stakeholder demands continue to drive business priorities. The following are some key stakeholder expectations:
- Investor demand: There is a growing demand from investors for companies to demonstrate not only financial performance but also ESG responsibility. Many investors now consider sustainability factors as critical indicators of a company’s long-term viability.
- Customer preferences: Consumers are becoming more environmentally and socially conscious. Companies that align with sustainable...