ESG

ESG stands for Environmental, Social, and Governance, referring to the factors companies consider when assessing sustainability and ethical responsibility.

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Companies adhering to ESG criteria focus on environmentally sustainable practices, socially responsible working conditions, and transparent and ethical corporate governance.

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-->Environmental: Companies assess how they reduce their ecological footprint, such as through energy efficiency, waste management, or the use of renewable energy.

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-->Social Responsibility: This covers issues like fair labor practices, human rights, health and safety standards, and the company’s relationship with the community.

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-->Governance: Companies evaluate their leadership structure, ethical policies, and transparency in decision-making.

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ESG is an increasingly important factor in investment decisions, with investors paying attention to companies that excel in these areas.

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Relatico helps companies implement and monitor ESG criteria within their supply chains by providing tools to oversee sustainability and compliance standards. This makes it easier for companies to meet sustainability goals and regulatory requirements.