It has become increasingly fashionable in recent years, within corporate governance policies, to emphasise a corollary of measures and principles, as defined by GRI 405 or the SASB method, a cornerstone of human capital and its related management: inclusion, diversity and equal opportunities policies.
When one thinks of an economic system in harmony with nature and the land, the shape of the circle always comes to mind, of the interconnection and nature that from a source becomes capital and then returns to transform itself into ever new elements.
The index ranks countries on a range of indicators that consider the health of their environment, how they enhance or damage ecosystems and efforts to combat climate change.
They are defined as characteristics, or criteria, but also as aspects and risks: in these and other ways it is tried to give a definition to the three pillars of sustainability: Environmental, Social and Governance, in an acronym: "ESG."
While it is true that today ESG issues, the Environment, Social and Governance characteristics inherent in every type of business, are increasingly high on the priorities in the agendas of the boards of major organizations, carbon footprint is certainly among the most important issues in the field of sustainability.
It is now widely believed that the investment evaluation paradigm has undergone a profound evolution, over the past two centuries.
ESG criteria are charting the course for sustainable transition in both the b2b world from SMEs and large corporations to the world of finance.
The issuance of green and sustainable finance in the Middle East increased by 532 per cent to $24.6bn in 2021 from $3.8bn a year earlier.