Environmental, Social and Corporate Governance. It is a set of criteria for evaluating the performance of companies in the environmental, social, and corporate governance fields.
ESG reports provide a comprehensive summary of a company's activities and show its non-financial performance that is relevant to investors. By responding to the challenges posed by ESG requirements, the company implements solutions based on the concept of sustainable development.
With changing legislation in the European Union and worldwide, financing for companies that do not consider ESG parameters in their operations is becoming more and more challenging. An ESG report is often an indispensable element in obtaining so-called green financing.