ESG in a niche and unpopular new industry is really worth a test!

Mondo Finance Updated on 2024-03-01

As the saying goes, people are afraid of going into the wrong business, and the more you know how important your first job is, the more cautious you have to be in this career path!

In this context, ESG is the protagonist of employment in the past two years.

At present, the ESG market demand is large, there are no rigid requirements for majors, and the salary is considerable.

As an emerging industry, it is faster to enter the industry.

Nowadays, many universities do not have ESG majors, so the starting line is fair.

Today, I would like to introduce you to ESG!

What is ESG?

ESG is an investment philosophy that focuses on the environmental, social and governance performance of enterprises, aiming to evaluate the performance of enterprises in environmental protection, social responsibility and corporate governance.

ESG factors typically include carbon emissions, energy consumption, water use, employee benefits, product quality, and corporate governance structure.

Why is ESG important?

ESG factors are increasingly becoming a key factor in the success of companies.

As consumers and investors become more concerned about sustainability and social responsibility, companies must excel in environmental protection, social responsibility and governance to attract and retain customers and investors.

In addition, by focusing on ESG factors, companies can reduce risk, increase efficiency, and promote sustainable development.

Why is ESG getting more and more attention?

1.The need for sustainable development: With the increasing problems of global climate change, environmental pollution, and social injustice, more and more people have begun to pay attention to the sustainable development of enterprises. The ESG evaluation system focuses on the performance of enterprises in these aspects, which helps to promote the fulfillment of corporate social responsibility and achieve sustainable development.

2.Investor focus: More investors and shareholders are incorporating ESG metrics into their investment decision-making process. They believe that companies with good ESG performance are more sustainable in the long term and can achieve higher returns. Therefore, focusing on and improving ESG performance can help companies attract more investment and support.

3.Consumer trends: Consumers are more inclined to support businesses that care about environmental and social issues. Companies with strong ESG performance often enjoy a higher reputation in the minds of consumers, which can help increase brand value and attract more users.

4.Corporate Internal Governance: The ESG concept encourages companies to strengthen internal governance, enhance corporate transparency, and prevent corruption and abuse of power. This is of great significance for the long-term development of enterprises and the fulfillment of social responsibilities.

How to learn about ESG?

For those who want to be efficient, systematically and practically introduced, and be able to apply basic business analysis skills to solve ESG problems, you can start with CPBA ESG preparation.

As a result, ESG is gaining traction because it helps companies achieve sustainable development, meet the needs of investors and consumers, comply with regulatory requirements, strengthen internal governance, and enhance international competitiveness.

In this context, the importance of ESG has become a new business ethics concept for companies, which can help bring long-term value to enterprises.

I am studying the CPBAESG certificate in the Exploration Academy, so let's take action as soon as possible

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