Post by account_disabled on Mar 4, 2024 23:33:54 GMT -5
Facing social and environmental conflicts is not an easy task, despite the fact that for years we have undertaken actions and initiatives to mitigate the damage caused in the sector.
Among the most urgent situations to face are the Chile Mobile Number List effects of climate change, the depletion of natural resources and the widening of economic inequalities. The reason? Simple…
These problems are causing and will cause serious havoc. According to information from NASA , some of the long-term effects of global climate change are:
Constant increase in temperatures.
The frost-free season.
Changes in precipitation patterns.
More droughts and heat waves.
Stronger and more intense hurricanes.
And if we talk about the depletion of natural resources , humanity has shown that in just eight months it can consume more natural resources than the planet can produce in a year.
On the other hand, globalization, low salaries, technological changes, corruption, among others; They are factors that are encouraging a difference related to income, wealth and economic well-being between members of society, which brings with it problems such as crime and reduced economic growth.
To resolve these conflicts, all sectors must play a role, and the only way to do this is through collaboration and multilateral alliances. But what does this mean for companies?
The role of companies
According to information from Sustainable Brands , for much of the current century and the last few, many companies have left aside the importance of their environmental and social impact, however, thanks to Corporate Social Responsibility (CSR) , this is beginning to change. .
It is now understood that having a positive impact on society and the environment is not only the right thing to do, but a requirement for long-term business success.
However, the reality is that this is easier said than done. The development of global and scalable environmental and social programs requires enormous resources, sometimes forming entire teams. It's easy to set goals, but it's much harder to make the difficult decisions necessary to achieve them.
For the world's largest companies, which respond to shareholders, the ability to prioritize the long term becomes even more challenging.
The pressure on business giants
Fortunately, today it's not just climate activists who are building pressure; The investment community and financial sector are also demanding that companies better align their business and sustainability strategies. Let us remember that…
Sustainability is managing resources to meet current needs, without putting future needs at risk. This considering social, economic development and care of the environment.
While the global pandemic has amplified and accelerated the urgency for stronger action, the long-term message is clear:
If companies do not take necessary action around environmental, social and governance (ESG) issues , we will feel the effects for generations.
Below we present three reasons to align sustainability and finance and why it is a trend that is starting.
3 reasons to align sustainability and finance
1. Investors are increasingly requesting comparable and reliable non-financial data
Currently, two truths are mainly self-evident:
Humanity cannot continue extracting our planet's natural resources at an unsustainable rate.
Companies that pay attention to these issues and invest accordingly outperform those that do not.
Institutional investors are seeing these two realities and are increasing their efforts to evaluate the performance of companies that use ESG (environmental, social, and governance) factors , according to the fifth EY Sustainability and Climate Change Services survey. 298 institutional investors worldwide.
Among the most urgent situations to face are the Chile Mobile Number List effects of climate change, the depletion of natural resources and the widening of economic inequalities. The reason? Simple…
These problems are causing and will cause serious havoc. According to information from NASA , some of the long-term effects of global climate change are:
Constant increase in temperatures.
The frost-free season.
Changes in precipitation patterns.
More droughts and heat waves.
Stronger and more intense hurricanes.
And if we talk about the depletion of natural resources , humanity has shown that in just eight months it can consume more natural resources than the planet can produce in a year.
On the other hand, globalization, low salaries, technological changes, corruption, among others; They are factors that are encouraging a difference related to income, wealth and economic well-being between members of society, which brings with it problems such as crime and reduced economic growth.
To resolve these conflicts, all sectors must play a role, and the only way to do this is through collaboration and multilateral alliances. But what does this mean for companies?
The role of companies
According to information from Sustainable Brands , for much of the current century and the last few, many companies have left aside the importance of their environmental and social impact, however, thanks to Corporate Social Responsibility (CSR) , this is beginning to change. .
It is now understood that having a positive impact on society and the environment is not only the right thing to do, but a requirement for long-term business success.
However, the reality is that this is easier said than done. The development of global and scalable environmental and social programs requires enormous resources, sometimes forming entire teams. It's easy to set goals, but it's much harder to make the difficult decisions necessary to achieve them.
For the world's largest companies, which respond to shareholders, the ability to prioritize the long term becomes even more challenging.
The pressure on business giants
Fortunately, today it's not just climate activists who are building pressure; The investment community and financial sector are also demanding that companies better align their business and sustainability strategies. Let us remember that…
Sustainability is managing resources to meet current needs, without putting future needs at risk. This considering social, economic development and care of the environment.
While the global pandemic has amplified and accelerated the urgency for stronger action, the long-term message is clear:
If companies do not take necessary action around environmental, social and governance (ESG) issues , we will feel the effects for generations.
Below we present three reasons to align sustainability and finance and why it is a trend that is starting.
3 reasons to align sustainability and finance
1. Investors are increasingly requesting comparable and reliable non-financial data
Currently, two truths are mainly self-evident:
Humanity cannot continue extracting our planet's natural resources at an unsustainable rate.
Companies that pay attention to these issues and invest accordingly outperform those that do not.
Institutional investors are seeing these two realities and are increasing their efforts to evaluate the performance of companies that use ESG (environmental, social, and governance) factors , according to the fifth EY Sustainability and Climate Change Services survey. 298 institutional investors worldwide.