ESG (Environment, Social, and Governance) is an acronym that refers to three sustainability criteria that are used to evaluate a company’s performance.

Environment: refers to a company’s environmental impact, including the consumption of natural resources, greenhouse gas emissions, and pollution.

Social: refers to a company’s social impact, including how it treats its employees, relationships with local communities, and attention to diversity and inclusion issues.

Governance: refers to a company’s management and accountability, including how it conducts business, executive compensation practices, and transparency in communication with stakeholders.

ESG performance of a company can be evaluated using a variety of methods, such as collecting financial and non-financial data, analyzing public data, and evaluating performance by independent rating agencies. ESG performance can be used to assess a company’s impact on the environment, society, and governance, and can be used by investors, consumers, and other stakeholders to make informed decisions.

ESG communication is becoming an increasingly important factor for companies, as consumer awareness and demands are growing.