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Shareholder pressure to improve a company’s social impact is supported by many academic studies that have found a positive correlation between strong Environmental, Social, and Governance (ESG) scores and CorporateFinancial Performance (CFP).
Climate change has created a sense of urgency around the globe in terms of corporations taking responsibility for their environmental impact. Manage hazardous material waste. ESG has proven to be a valuable tool for both sustainability efforts and corporatefinancial performance. Mitigate harm to local water supplies.
Environmental Factors: climate change strategy, energy management, water stewardship, circular waste strategies, etc. Standards and frameworks have evolved to meet this audience shift and the need to communicate how ESG will impact corporatefinancial performance and long-term business strategy.
In developing countries for instance, infrastructure and waste systems are particularly impacted by floods, playing a key role in the spread of diseases. However, water quality is starting to be more and more at stake in developed markets as well, from both pollution and ageing waste system infrastructures.
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