What is ESG? A guide for businesses - British Business Bank (2024)

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ESG – short for Environmental, Social and Governance – is a set of standards measuring a business's impact on society, the environment, and how transparent and accountable it is.

Acccording to the CBI, two-thirds of investorsLink opens in a new window take ESG factors into account when investing in a companymeaning ESG has the potential to grow your business while benefiting the environment and community.

An ESG strategy can demonstrate that the company is reducing risks such as adapting manufacturing processes to meet future environmental legislation which could make the business a good bet for longer-term growth.

With ESG as an important component for business growth it can pay to understand what ESG is, where your business can adopt its principles and approaches, and how it can benefit your organisation.

What is ESG? A guide for businesses - British Business Bank (2024)
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