Companies that correspond to their values. ESG What activities are covered by the ESG elements mentioned above? When talking about environmental protection we cannot ignore the issues of energy consumption waste management pollutant emissions testing products on animals and compliance with government environmental regulations. Social criteria are related to business relations both inside and outside the company. They include among others: respecting human rights and promoting diversity and equality among employees regardless of gender origin or sexual orientation.
The company should also invest in human capital e.g. by organizing training and encourage employees to volunteer. Equally important is meeting the needs of customers and taking care of relationships with the local community. When it comes to Hit Post corporate governance important issues include the structure of the management board shareholder rights remuneration and corruption. Let us remember that all these elements should constitute a coherent whole for the company to be credible to investors. It is also important to reconcile the interests of individual stakeholders. ESG how does it affect the company? As we already know ESG is an important tool in the hands of a company.
The emergence of many new investments that can be financed by investors depends on it. However activities inconsistent with the idea of environmental social and corporate governance may lead to a decrease in trust in the company not only from customers or shareholders but also from employees themselves. Discrimination in the workplace emission of harmful gases into the environment or financing political campaigns from the company budget are just some examples of practices that raise considerable controversy among various groups and damage the company's reputation.