SUSTAIN (ESG/SUSTAINABILITY SERVICES)
Environmental, Social, and corporate Governance (ESG) provides a specific set of criteria that can be used by companies to evaluate how far advanced they are with sustainability-inclined processes. Sustainability implies that corporations consider the impact of their decisions on natural resources (the environment) and physical resources (tangible and intangible assets).The relationship between ESG and Sustainability lies in the fact that corporate sustainability establishes long-term stakeholder value when a sustainable business strategy is implemented. A sustainable business strategy addresses the needs of the environmental, social, and corporate governance systems within which a business operates.
Core ESG subjects include human rights, fair labor practices, responsibility for the environment, ethical business practices, responsibility for consumer issues, community involvement and development. These subjects are closely aligned with the United Nations Sustainable Development Goals (UNSDG) and nine of these goals are identified as means through which companies can cater to their ESG obligations in their business and communities….more