In this ESG PRO podcast, Humperdinck Jackman, Managing Director at ESG PRO and a university business school lecturer, delves into the research-backed benefits of Environmental, Social, and Governance (ESG) practices for companies. ESG is often viewed as a cost, but this podcast uncovers its true value.
Key Takeaways:
- ESG is more than just reporting; it's about genuine commitment to sustainability.
- Companies embracing ESG have seen a 9.1% increase in profits over three years.
- Businesses focusing on ESG outperform those that don't in terms of revenue.
- ESG makes it easier for companies to attract investment.
- Five tangible benefits of ESG include a competitive edge and attracting investors.
- ESG can improve financial performance through cost reductions and sustainability efforts.
- It builds customer loyalty as socially conscious consumers prefer responsible brands.
- ESG helps make company operations sustainable, reducing risks and costs.
- ESG is intertwined with environmental, social, and governance aspects.
- It's essential for companies to address ESG systematically for higher value creation.