The Rise of ESG: How Environmental, Social, and Governance Factors Are Shaping the Future of Business and Investing
ESG factors are a set of non-financial indicators that are used to evaluate the sustainability and ethical impact of a company's operations. Investors and consumers are increasingly interested in investing in companies that are committed to sustainable practices and ethical behaviour. The concept of Environmental, Social, and Governance (ESG) has been gaining immense importance in the world of business and investing in recent years. This article, will highlight the rise of ESG and how it is shaping the future of business and investing. ESG stands for Environmental, Social, and Governance. Each of these aspects encompasses several factors that are used to evaluate a company's sustainability and ethical impact. Essential aspects of ESG Environmental Factors: Environmental factors focus on a company's impact on the environment, such as its energy consumption, waste management, and carbon emissions. With the growing concerns over climate change and the need to