Environmental, Social, and Governance are a set of criteria for assessing and measuring the sustainability and ethical impact of a company or organization. These standards are important for companies, employees and other stakeholders when making decisions related to corporate governance.
Environment (E): Assessment of the environmental impact of a company's operations, including carbon footprint, resource consumption, energy efficiency, waste management and pollution reduction measures. Companies can reduce their environmental footprint by adopting sustainability practices.
Society(S): Assesses how companies build relationships with employees and other relevant stakeholders, including labor rights, diversity and inclusion, human rights and community participation, and advocates for fair and ethical treatment of stakeholders.
Governance (G): Assessment of how a company is governed and how accountability, transparency and ethical decision-making are ensured, including board composition, executive compensation, shareholder rights and regulatory compliance.
ESG provides a framework and assessment guidelines for the sustainable development of companies. In recent years, Hong Kong society has placed increasing emphasis on the sustainable development of companies in order to increase their efficiency.
