Description
In this ESG PRO podcast, Humperdinck Jackman, Managing Director at ESG PRO and a university business school lecturer, delves into the research-backed benefits of Environmental, Social, and Governance (ESG) practices for companies. ESG is often viewed as a cost, but this podcast uncovers its true value.
Key Takeaways:
ESG is more than just reporting; it's about genuine commitment to sustainability.
Companies embracing ESG have seen a 9.1% increase in profits over three years.
Businesses focusing on ESG outperform those that don't in terms of revenue.
ESG makes it easier for companies to attract investment.
Five tangible benefits of ESG include a competitive edge and attracting investors.
ESG can improve financial performance through cost reductions and sustainability efforts.
It builds customer loyalty as socially conscious consumers prefer responsible brands.
ESG helps make company operations sustainable, reducing risks and costs.
ESG is intertwined with environmental, social, and governance aspects.
It's essential for companies to address ESG systematically for higher value creation.