What is enterprise esg?

ESG is an acronym for three English words, namely, environment, social and governance.

1, environment

Enterprise's influence on climate, enterprise's protection of natural resources, prevention of waste and consumption, environmental management, green technology, environmental protection investment, green office, employees' environmental awareness, the possibility of developing renewable energy and the possibility of building more environmentally friendly buildings.

2. Associations

Employee welfare and health, product quality and safety, privacy data protection, corporate tax contribution, precision poverty alleviation, industrial poverty alleviation, rural revitalization, gender and gender balance policy, human rights policy and balance policy, anti-forced labor, anti-discrimination, supply chain responsibility management, community communication.

3. Corporate Governance (G)

Ownership structure, accounting policy, salary system, moral code of conduct, anti-unfair competition, risk management, information disclosure, fair labor practice, independence of board of directors, diversity of board of directors.

The role of environmental, social and governance assessment

1. For investors, based on ESG evaluation, investors can observe the ESG performance of enterprises, evaluate their investment behavior and the contribution of enterprises (investors) in promoting sustainable economic development and fulfilling social responsibilities. You can also have a more comprehensive understanding of the potential of the enterprise and pay attention to the present and the future.

2. For enterprises, improving the management level of ESG can enhance their ability to cope with the crisis. Good ESG performance is an intangible asset. If an enterprise discovers the negative impact of its production process on the environment earlier, it can reduce the high fines imposed by the regulatory authorities for environmental violations in the future.