Environmental, Social and Governance (ESG) is a set of regulations designed to assess a business\u2019 influence on society, the environment, and its transparency on such matters.<\/p>\n
<\/p>\n
With the CBI revealing that\u00a0ESG impacts two-thirds of those\u00a0looking to invest in a business, you will not only help the environment, but also grow your company.<\/p>\n
Utilising an ESG strategy shows that your company is working towards meeting future environmental legislation, which may aid your growth even further.<\/p>\n
Environmental <\/strong><\/p>\n The environmental aspect of ESG centres on how you recognise and reduce your business\u2019\u00a0effect on the environment.<\/p>\n This includes your supply chain, operations, and products\/services.<\/p>\n Social<\/strong><\/p>\n Secondly, social refers to how your business affects workplace culture and society as a whole.<\/p>\n Equality and fairness are a big part of this, and it\u2019s important for you to offer equal opportunities to your staff, along with those operating in the supply chain.<\/p>\n Governance<\/strong><\/p>\n Thirdly, governance looks at your decision-making, reporting, and the administration that goes into running your business.<\/p>\n Additionally, it focuses on the ethics of your company, as well as transparency with stakeholders about your endeavours.<\/p>\n Is ESG reporting mandatory?<\/strong><\/p>\n Yes, it is mandatory, but only for companies with over 500 employees, or more than a \u00a3500 million annual turnover.<\/p>\n In 2019, the UK passed a law\u00a0that will require all\u00a0greenhouse gas\u00a0emissions to be brought to net zero by\u00a02050.<\/p>\n To reach this goal, the Government has pushed reporting obligations, and these are likely to continue to grow.<\/p>\n Need business advice? Get in touch with our team today.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Environmental, Social and Governance (ESG) is a set of regulations designed to assess a business\u2019 influence on society, the environment, and its transparency on such matters.<\/p>\n","protected":false},"author":2,"featured_media":4884,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,125,31],"tags":[],"_links":{"self":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4882"}],"collection":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=4882"}],"version-history":[{"count":1,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4882\/revisions"}],"predecessor-version":[{"id":4883,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/posts\/4882\/revisions\/4883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/media\/4884"}],"wp:attachment":[{"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=4882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=4882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bainesjewitt.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=4882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}