The Circular Future - A Quantum Lifecycle Partners podcast
12. ESG101 - How to Drive Business Sustainability from your Role
Aug 31, 2023
Learn about ESG terms like net zero and carbon credits. Discover ESG's impact on competitiveness, cost savings, and talent attraction. Navigate ESG action with materiality assessments and resources like Green Economy Canada. Empower professionals to champion ESG in their roles from IT to finance.
31:28
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Quick takeaways
- Environmental, social, and governance factors are crucial for ESG, with carbon neutrality and net zero being pivotal in sustainability initiatives.
- Enhancing ESG performance provides diverse benefits like competitive advantages, cost savings, risk management, talent attraction, and investment appeal.
Deep dives
Understanding ESG: Environmental, Social, and Governance
ESG, standing for Environmental, Social, and Governance, is crucial for companies aiming at sustainability. Environmental aspects like carbon emissions, waste, and sustainable procurement are typically the starting point since they are more tangible; however, social elements such as diversity, equity, and inclusion, and governance factors like board diversity and human rights are equally essential. ESG's significance originated from the investor community's need to comprehend a business's non-financial aspects.
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