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Explain with examples the impact of Environmental,Social, and Governance (ESG) factors on the business or organization.

Explain with examples the impact of Environmental,Social, and Governance (ESG) factors on the business or organization.

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Corporate governance is a concept of constantly increasing the importance of shareholders and business.CSR is embedded with Economic, social and governance issues.

The impact of ESG factors on the business or organisation-

1.It is helpful in measuring the sustainable and societal impact of investment in a company.

2. There are various societal change like recently covid 19,where the businesses needs to help with the people by cutting out the prices of essentials in such emergency.

3.There are various issues like climate change which are major environmental issues and which are needed to be incorporated in the view of the business.

4. There are governance issues like transparency and no misinformation to the stakeholders which are essential elements to be considered.

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