ESG (Environmental, Social and Governance) Solutions
Selangor, Puchong, Kuala Lumpur, Malaysia
ESG stands for Environmental, Social, and Governance and it refers to a set of criteria that investors and other stakeholders use to evaluate a company's impact and behavior in these three key areas. Here's a breakdown of each component:
Environmental (E): This aspect focuses on a company's impact on the environment. It includes considerations such as a company's carbon footprint, energy efficiency, waste management, use of natural resources and efforts to mitigate climate change.
Social (S): The social component examines how a company manages relationships with its employees, suppliers, customers and the communities in which it operates. This involves assessing factors like labor practices, diversity and inclusion, human rights and community engagement.
Governance (G): Governance refers to the system of rules, practices and processes by which a company is directed and controlled. It includes issues such as board composition, executive compensation, shareholder rights and the overall structure of a company's decision-making processes.