our business, like every business, is deeply intertwined with environmental, social, and governance (ESG) concerns. Therefore, we have adopted a strong ESG proposition to create value.
Working with the Social Value Portal, a specialist platform for measuring social value within organisations, ESG_VC developed a framework consisting of 48 metrics that target the individual elements of ESG:
The E in ESG, environmental criteria, includes the energy your company takes in and the waste it discharges, the resources it needs, and the consequences for living beings as a result. Not least, E encompasses carbon emissions and climate change. Every company uses energy and resources; every company affects, and is affected by, the environment.
S, social criteria, addresses the relationships your company has and the reputation it fosters with people and institutions in the communities where you do business. S includes labour relations and diversity and inclusion. Every company operates within a broader, diverse society.
G, governance, is the internal system of practices, controls, and procedures your company adopts in order to govern itself, make effective decisions, comply with the law, and meet the needs of external stakeholders. Every company, which is itself a legal creation, requires governance.