ESG

ESG stands for Environmental, Social and Governance. As the name suggests, it incorporates environmental and social investments into enterprise governance. It allows businesses to make socially responsible investments. In fact, there are many agencies that rate businesses based on their ESG score. The higher you’re ESG score is, the more lucrative your business would be for customers who want to do business with your company or want to buy your company stock. Many businesses are worried about their ESG score which is why they are diverting more resources towards socially responsible initiatives. Some have even hired a Chief Sustainability Officer…