More than 90% of S&P 500 companies now publish ESG reports

HOW CAN ESG HELP YOUR BUSINESS?

1️⃣ Competitive advantage

Having a genuine ESG strategy helps attract investors, customers, and talent who value sustainability and ethics (3 out of 4 people do according to Ipsos). ESG can also help your business tap into new markets, products, and services that address environmental and social needs.

2️⃣ Risk management

ESG can help your business anticipate and comply with rapidly changing policies and standards involving environmental and social issues, avoiding fines, lawsuits, or reputational damage. AdGreen reports out of 100,000 interviewed business leaders, 86% said their ESG goals have led to collaborations and projects that positively impact their company’s growth.

3️⃣ Innovation

According to Insights Finder and Google Trends, ESG can stimulate innovation when companies invest in new technologies that reduce environmental impact or improve efficiency. Think with Google also reports that enforcing green policies is a great way to identify ways to reduce carbon across one’s daily operations.

THE HEADLINES
In this week’s edition of In the Loop, we put the spotlight on ESG

🇸🇬 Singapore and China want closer partnerships in sustainability

🇰🇭 How a Cambodian firm has made ESG a competitive advantage

🇺🇸 Enveritas: Pioneering sustainable practices in coffee and cocoa farming

NEWS
Singapore and China want closer partnerships in sustainability

🇸🇬 SINGAPORE, SG — During the 2nd China-Singapore Green Finance Taskforce meeting last month, the Monetary Authority of Singapore (MAS) and People’s Bank of China (PBC) discussed initiatives to advance cooperation in green and transition finance between their two countries.

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FEATURE STORY
How a Cambodian firm has made ESG a competitive advantage

🇰🇭 PHNOM PENH, KH — Promoting ESG investments can be more than just selecting projects with existing environmental and social goals. This is especially true in emerging markets, where understanding of ESG compliance can be limited for local businesses.

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FEATURE STORY
Enveritas: Pioneering sustainable practices in coffee and cocoa farming

🇺🇸 NEW YORK, NY — A trailblazer in sustainability assurance, Enveritas is transforming the coffee and cocoa sectors by providing comprehensive insights into the social, economic, and environmental practices of smallholder farms

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MORE FROM GMI POST
Canada Business Report 2024: Building a Partnership for the Future

🇨🇦 Rooted in shared values and mutual interests, the relationship between Canada and its next-door neighbor, the United States, has grown beyond the economic and political spheres.

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