麻豆传媒淲hat is driving this ESG movement? A mandate of sorts.麻豆传媒
So begins an article published in . The article, which graced the cover of the journal, was co-written by Lubin Clinical Professor and Executive Director of the Lubin Center for Sustainable Business Steven Mezzio, PhD; CEO of ESG Lynk Alejandra Veltmann; Jos茅 Ignacio Morejon, executive director of Ecuador-based Sistema B; and Pace alumnus and CEO 麻豆传媒02.
A case in point is recent actions by the US Securities and Exchange Commission (SEC) demonstrating a commitment to greater transparency in ESG impacts by issuers. For example, the SEC by certain investment advisors and investment companies about ESG investment practices.
As Mezzio explains, ESG pertains to an integrated purpose麻豆传媒攐r the focus on a triple-bottom-line of people, planet, and profits. 麻豆传媒淲hile businesses have historically focused on a singular bottom line麻豆传媒攑rofits麻豆传媒攖he ESG movement posits that in addition to profit, businesses could equally focus on people and the planet,麻豆传媒 he says. In his model, the planet and the people who inhabit it are represented by the E(nvironmental) and S(ocial) in ESG, respectively. Meaning, businesses should contribute to environmental stewardship in a meaningful way and has a social responsibility to all of its stakeholders麻豆传媒攆rom employees, to customers, to investors.
Growing numbers of small and medium-sized enterprises (SME), spanning a range of sectors and geographies are signaling their commitment to an ESG-rooted integrated purpose. According to the article published in the CPA Journal, small and medium-sized enterprises (SMEs) are playing a crucial and unique role in this international ESG movement. SMEs make up approximately 90% of businesses and more than 50% of employment worldwide, they play a critical role in the impact of the international ESG movement.
While larger companies generally have the bandwidth and resources to support and embark on a wide range of ESG-related initiatives, this is not often the case. 麻豆传媒淪MEs are not as fruitful in terms of resources they can devote,麻豆传媒 said Mezzio. 麻豆传媒淲e thought we麻豆传媒檇 take a step back and think about how they can still proceed down this path with their inherent limitations with SMEs. Whether this is establishing proper benchmarks or reporting metrics, it麻豆传媒檚 also essential to be upfront with shareholders and stakeholders about company initiatives.麻豆传媒
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