ESG Management System focuses on Environmental, Social, and Governance (ESG) factors to measure and improve corporate sustainability performance. Key aspects include:
Origin & Development
Origin: Emerged in the 1960s with investor focus on corporate social responsibility and environmental impact.
Development: Popularized by the UN Global Compact in 2004, leading to global standards and rating systems.
Core Components
Environmental:
Social:
Governance:
Significance
For Companies: Enhances risk management, reduces costs, boosts reputation, and attracts sustainable investors.
For Investors: Provides comprehensive risk-value assessments for informed decision-making.
For Society: Promotes environmental stewardship, social equity, and sustainable development.