The speed at which sustainability is advancing and the ability of companies to adapt to new environmental challenges in 2023 requires anticipating and accelerating the transition to sustainable development. Developing a sound ESG strategy means knowing the impact of your investment on society and the environment.
Why should I work on my ESG strategy?
The goal of ESG policies is to have a positive impact on the planet and society, while simultaneously generating profit for investors. The effects on the macroeconomic, geopolitical and social context make it the best solution to create a social welfare model.
At the economic level:
ESG factors bring added value to organizations. Working on them provides you with an ally to face business challenges. Especially if we take into account the tangibility of sustainability policies in the income statement.
At the political level:
In order to fight biodiversity loss and climate change, mandatory ESG reporting will be promoted. This is intended to influence corporate behavior and protect investors. In recent years, we have seen an increasing demand for transparency from investors, customers and society beyond financial reporting. For this reason, large companies have begun to include sustainability and corporate responsibility information in their annual reports.
At the social level:
Environmental awareness has increased. For this reason, a company that cares about its customers, its employees and the environment generates greater trust in society, and is more likely to outperform its competitors.
The weight of ESG strategy in companies is a differential factor when deciding where investors allocate their money. To maximize the potential of organizations in sustainability issues, CO2Revolution supports companies and institutions that wish to improve their ESG strategy to create a sustainable ecosystem through a unique and comprehensive model.