Responsible Business (CSR)

Interest in ESG is rising. Whether you’re an investor looking for a low risk addition to your portfolio, or a consumer seeking to back a business that aligns with your personal values, ESG reports are a shortcut to clarity.

Progress in the fields of Environmental, Social and Governance policy is an increasingly essential aspect of any business’ strategy and growth. Just look at the uplift that Google Trends shows with regard to the frequency of searches linked to the acronym.

ESG goals are, increasingly, at the forefront of SMEs planning and strategic concerns. In recent years, ESG has seen a huge rise in prominence and professional awareness, and this spike in interest (and understanding) has seen more focus brought to the implementation of dedicated strategy, monitored by measurable metrics – clearly defined ESG goals.

The public eye is paying close attention to businesses’ impact and the long-term effects that large corporations might have on their future. As a result, multinational companies are being held increasingly accountable for their actions and evaluated on the basis of their environmental footprint.

If businesses want to know where they rank when it comes to ESG benchmarking, an ESG score should be their top priority. An ESG score is a measure used by corporations to evaluate their current practices, enabling them to have a better understanding of their ESG performance and to identify areas of improvement. 

The rising concern around sustainability and climate change has accelerated the development and implementation of  Environmental, Social, and Governance (ESG) practices in corporations.  Organisations have now to make the right business decisions and manage environmental risk and impact. 

Even though ESG is becoming a priority for many organisations, some companies are not ready to incorporate it into their business. Being ESG-driven means your organisation now has new duties and responsibilities, especially with ESG becoming a major factor for investors. 

Even though ESG is acknowledged and valued by businesses, clients and investors, there is still a lack of consistency when it comes to the regulation of ESG in a company’s operations. 

As more businesses place corporate social responsibility at the core of their operational activities, CSR has become something that requires dedicated planning, with close attention paid to both strategy and policy. 

As a startup, you have your work cut out for you. From limited resources to concerns about sales, investment, customer service and finding the right talent… Chances are CSR strategy is not at the top of your list of priorities – but its importance is growing and startups ignore this opportunity at their own risk…

A well-developed startup CSR strategy can actually help improve the outcomes for many of the core concerns keeping founders awake at night. From talent retention to funding, CSR can help accelerate your impact. 

Companies are expected to play an increasingly significant role in making the world a better place. Today, customers, employees and investors are more driven to engage with purpose-driven companies that are taking action to overcome economic, social and environmental challenges. 

Our world has never been so well connected. News - both good and bad - travels fast, and we’re used to a 24/7 rolling news cycle, from both mainstream sources, and our social media feeds. We’re increasingly accustomed to seeing corporate responses to emergencies or major appeals roll out in real-time. As a result, there’s a growing public awareness of (and expectation for) better, bigger and more decisive action on the part of the business community in times of crisis, or when disaster strikes.