What is ESG and how does it impact your business?
Posted: Tue Dec 24, 2024 10:58 am
ESG stands for “Environmental, Social, and Governance.” This set of **criteria** is what **companies use to assess** their environmental, social, and governance impact. This includes concerns about **climate change, diversity and inclusion, fair labor practices, business ethics, and financial transparency.
The term ESG has been gaining increasing relevance in the business world . A survey showed that searches on social media have grown by 2,600% over the last four years.
In this blog post, we will dive into the concept of ESG and honduras whatsapp database its importance and implications in the corporate world, as well as understand how Zydon Farm can help you in the implementation and practice of ESG .
Summary
What is ESG?
Why is ESG so important?
ESG+Zydon Farm
Conclusion
What is ESG?
ESG is the acronym for “Environmental, Social, and Governance”, which, in Portuguese, means: Environmental, Social and Governance .
This set of criteria is what companies use to assess their environmental, social and governance impact. These include concerns about climate change, diversity and inclusion, fair labor practices, business ethics and financial transparency.
They are often used by investors to assess the sustainability and social responsibility of the companies they are investing in.
ESG encompasses a series of factors , such as :
Environmental: Refers to the responsibility of companies towards the environment. This point encompasses issues such as greenhouse gas emissions, management of natural resources, conservation of biodiversity and reduction of waste and pollution.
Social: Relates to a company's practices with respect to employees, suppliers, customers and communities. Includes aspects such as diversity and inclusion, human rights, occupational health and safety and community relations.
Governance: Involves the quality of a company's management, including policies, practices and processes that ensure transparency, ethics and legal compliance. It also covers the structure and responsibilities of the board of directors, anti-corruption policies and the protection of shareholder rights.
Why is ESG so important?
The importance of ESG in the business world has grown significantly in recent years due to a number of factors. As a result, according to Exame magazine: “ 78% of companies already include ESG in their business strategies, and 59% include ESG actions in their budget .”
Understand the main factors:
Growing awareness: Growing awareness of environmental, social and governance issues has led consumers, investors and regulators to demand greater accountability from companies.
Risks and opportunities: Companies with inadequate socio-environmental practices run the risk of facing regulatory sanctions, fines, loss of customers and market value. On the other hand, companies that adopt ESG practices are more likely to identify business opportunities, attract investments and retain talent.
Long-term sustainability: Companies that consider ESG in their business strategies are preparing for a more sustainable and resilient future. They take into account issues that affect society as a whole, in addition to immediate financial returns.
Corporate Responsibility: Companies are increasingly recognizing their social responsibility. They are also acting on the importance of making a positive impact on their communities and the environment.
Transparency: ESG also encourages transparency and accountability, helping to promote a culture of ethics and integrity within companies.
ESG + Zydon Farm
From the same point of view, Zydon Farm – a solution that adapts the Sankhya ERP for crop management – can significantly contribute to the implementation and monitoring of ESG practices in the agricultural sector .
Understand how Farm can impact the day-to-day life of agribusiness entrepreneurs:
1-Environmental: Mapping plots allows for better management of natural resources and crop areas. By identifying and naming each plot and farm, it is possible to monitor the sustainability and efficiency of land use, contributing to environmental preservation.
2-Social: With crop planning and activity control, Zydon Farm helps promote good labor practices and ensure the health and safety of field workers . The mobile app makes it easier to monitor activities, allowing operators to know exactly what needs to be done and by whom, thus reducing risks and improving the quality of life at work .
3-Governance : The financial transparency and risk management provided by Sankhya ERP can help producers better manage their costs and reduce the risk of financial scandals. In addition, activity management can help ensure compliance with regulatory standards and avoid labor or environmental disputes.
The term ESG has been gaining increasing relevance in the business world . A survey showed that searches on social media have grown by 2,600% over the last four years.
In this blog post, we will dive into the concept of ESG and honduras whatsapp database its importance and implications in the corporate world, as well as understand how Zydon Farm can help you in the implementation and practice of ESG .
Summary
What is ESG?
Why is ESG so important?
ESG+Zydon Farm
Conclusion
What is ESG?
ESG is the acronym for “Environmental, Social, and Governance”, which, in Portuguese, means: Environmental, Social and Governance .
This set of criteria is what companies use to assess their environmental, social and governance impact. These include concerns about climate change, diversity and inclusion, fair labor practices, business ethics and financial transparency.
They are often used by investors to assess the sustainability and social responsibility of the companies they are investing in.
ESG encompasses a series of factors , such as :
Environmental: Refers to the responsibility of companies towards the environment. This point encompasses issues such as greenhouse gas emissions, management of natural resources, conservation of biodiversity and reduction of waste and pollution.
Social: Relates to a company's practices with respect to employees, suppliers, customers and communities. Includes aspects such as diversity and inclusion, human rights, occupational health and safety and community relations.
Governance: Involves the quality of a company's management, including policies, practices and processes that ensure transparency, ethics and legal compliance. It also covers the structure and responsibilities of the board of directors, anti-corruption policies and the protection of shareholder rights.
Why is ESG so important?
The importance of ESG in the business world has grown significantly in recent years due to a number of factors. As a result, according to Exame magazine: “ 78% of companies already include ESG in their business strategies, and 59% include ESG actions in their budget .”
Understand the main factors:
Growing awareness: Growing awareness of environmental, social and governance issues has led consumers, investors and regulators to demand greater accountability from companies.
Risks and opportunities: Companies with inadequate socio-environmental practices run the risk of facing regulatory sanctions, fines, loss of customers and market value. On the other hand, companies that adopt ESG practices are more likely to identify business opportunities, attract investments and retain talent.
Long-term sustainability: Companies that consider ESG in their business strategies are preparing for a more sustainable and resilient future. They take into account issues that affect society as a whole, in addition to immediate financial returns.
Corporate Responsibility: Companies are increasingly recognizing their social responsibility. They are also acting on the importance of making a positive impact on their communities and the environment.
Transparency: ESG also encourages transparency and accountability, helping to promote a culture of ethics and integrity within companies.
ESG + Zydon Farm
From the same point of view, Zydon Farm – a solution that adapts the Sankhya ERP for crop management – can significantly contribute to the implementation and monitoring of ESG practices in the agricultural sector .
Understand how Farm can impact the day-to-day life of agribusiness entrepreneurs:
1-Environmental: Mapping plots allows for better management of natural resources and crop areas. By identifying and naming each plot and farm, it is possible to monitor the sustainability and efficiency of land use, contributing to environmental preservation.
2-Social: With crop planning and activity control, Zydon Farm helps promote good labor practices and ensure the health and safety of field workers . The mobile app makes it easier to monitor activities, allowing operators to know exactly what needs to be done and by whom, thus reducing risks and improving the quality of life at work .
3-Governance : The financial transparency and risk management provided by Sankhya ERP can help producers better manage their costs and reduce the risk of financial scandals. In addition, activity management can help ensure compliance with regulatory standards and avoid labor or environmental disputes.