ESG: How to Make Your Business More Sustainable
Environmental and human rights have been gaining significant traction in the business world for the past few years, encouraging companies to adopt a comprehensive green business strategy. Why is it important to be sustainable? Today, investors select organizations by considering non-financial factors as well, such as the ESG Rating.
What steps can an organization take to obtain a good ESG rating?
We list 5 of them below!
1. Reduce or eliminate paper consumption as much as possible To improve its environmental sustainability, a company could start by transforming any paper documentation into digital format. Relying on digital tools such as PEC, digital signature (LINK to: eIDAS 2.0: A Revolution and Consolidation of the European Digital Identity) and electronic invoicing turns out to be a sustainable and effective solution.
2. Plant trees to offset CO2 production Even the most environmentally conscious companies inevitably generate carbon dioxide. It is possible to transform it into oxygen by increasing the surrounding plants.
3. Promote the spread of remote corporate services and processes The benefits are not only economic but also social. Through digital tools, logistical barriers for people with motor limitations or disabilities are eliminated. In fact, a recent Deloitte report showed that companies with strong remote work policies and high social scores see a 20% higher rate of employee satisfaction.
4. Increase the transparency of each process The traceability of every decision and every phase of a process is a fundamental point of the ESG philosophy because it guarantees accountability. This transparency can be greatly enhanced by exploring (LINK to: AI and Sustainability: How Artificial Intelligence Supports ESG Goals).
5. Guarantee the privacy and security of transactions In the case of sensitive personal information, ensuring ESG compliance means protecting the data security of company employees, service users, customers or suppliers.
Your Takeaway on ESG
Achieving a high ESG rating is a critical success factor for modern companies, attracting talent and customers, and an important tool for their communication and strategy. Implementing these changes often requires specialized professionals, leading to the rise of job.
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