Environmental, Social and Governance (ESG)

KPMG regards the ESG rating of an individual’s business as critical for investors and expects that it will determine who can and will do business with you in the future. They also state that data and transparency will be critical to capture your commitment to ESG and to articulate the resilience and sustainability of your business to your stakeholders. This is all important to consider when running a business going forward. It is not worth risking getting left behind by this corporate ethical revolution. This notion of transparency is vital for there to be any sense of validity with ESG. This could include public reports on their social and environmental impact with clear, standardised, easy to-understand metrics, such as carbon emissions, investments in training programs, and proportion of workers earning a living wage.

This report outlines the purpose behind ESG ratings and accentuates the real need for businesses, no matter the size, to take action to leverage sustainable business practices, whilst aiming for proud benchmarks such as carbon neutrality.