ESG stands for Environmental, Social, and Governance, a framework used to evaluate a company's impact on the world beyond financial performance. Here's a breakdown of the ESG meaning:
Environmental: Focuses on a company’s impact on the planet, including carbon emissions, waste management, and energy efficiency.
Social: Examines how a company manages relationships with employees, suppliers, customers, and communities.
Governance: Refers to the company’s leadership, executive pay, audits, internal controls, and shareholder rights.
Understanding the ESG meaning is the first step toward building a sustainable business model that aligns with global standards.
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ESG Meaning
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