Category: ESG

The need for procurement organizations to invest in supplier diversity initiatives has never been more crucial. Most organizations and procurement professionals are pressured to act because of the increasing attention paid to diversity, equity, and inclusion (DEI) due to the...

The significance of Environmental, Social, and Governance (ESG) continues to rise. It has become a major area of concern for various stakeholders, especially investors because environmental and social issues constitute some of the most difficult challenges of the decade. And...

The sustainability of a business, or its ability to retain and maintain itself constantly well, is a time-tested phenomenon measured in terms of the impact of the business on the people, the environment, and its overall financial performance. In other...

The Inflation Reduction Act of 2022 (IRA) is a historic federal law in the United States that seeks to control inflation by investing in domestic energy production, cutting prescription drug costs, and reducing the deficit while supporting sustainable energy. On...

Over the past two years, environmental, social, and governance issues have become more important in a company’s business model. ESG initiatives are based on the idea that non-financial factors have a meaningful impact on a company’s success and should be...

A sure-shot way for a company to win public trust is through the standards it maintains, which are not limited to its products or services. A company’s operations in the environmental, social, and governance (ESG) areas and the impact it...

In the past, financial performance measures such as profit and return on equity determined a company’s success. However, this has been changing recently, and environmental, social, and governance (ESG) scores play a significant role in this process. As a result,...

Do you know what topics are frequently discussed in boardrooms nowadays? It is about implementing sustainability initiatives into the company’s ERP system and moving toward a green future. Many organizations have adopted the triple bottom line, which contends that an...

Since the 19th century, utilizing fossil fuels such as coal, oil, and gas has been the primary cause of climate change, largely attributable to human activity. Oceans are warming, and sea levels are rising. For a sustainable future, we must...