Knowledge

Does ESG translate into a company's profit?

Senior Consultant and ESG Team Leader
Marcin Milczarski
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Senior Consultant and ESG Team Leader
05
.
09
.
2022

In the business space broadly understood, the abbreviation “ESG” is present on everyone's lips. This is due not only to an increasing concern for the environment and sustainability, but also to an economic calculation. The bigger the company, the more emphasis it puts on change and showcasing its successes in the field of Environmental, Social and Governance.

When developing the acronym ESG, it is worth illustrating it with examples of actions such as:

  • emission reduction and reporting,
  • investments in green energy,
  • compliance with labor law and data protection,
  • the structure of the management board and compliance with obligations to shareholders.

Does this type of activity translate into profit?

Working with our customers, our company VIVERNO is convinced every day of the importance of ESG in international operations. For one of the partners for whom we perform carbon footprint calculations, this part of the ESG was a prerequisite for the sale of products to Scandinavian countries.

This case illustrates the change taking place in the market. If we want to grow our business, we need to prepare ESG, which is a prerequisite for attracting customers and investors. Moreover, from 2023, listed companies will be required to report on ESG. From 2026, it will apply to all companies.

Therefore, it is worth preparing an ESG strategy in advance in order to be able to meet customer expectations and consciously build a responsible business. In the range of “E” as “Environmental” as Viverno We serve you professionally help!

We invite you to cooperate. More information on our website: https://www.viverno.pl/pl/uslugi.

Our Product Carbon Footprint Assessment Services

We provide full support in calculating the carbon footprint of your product — from defining the boundaries of analysis to developing a detailed report.

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