A Beginner Guide to Developing ESG Strategy for your Company

An ESG framework aids companies in identifying key areas material to their business and stakeholders through a materiality assessment. This process helps prioritize actions based on relevance. By managing ESG risks and opportunities, companies enhance long-term sustainability and resilience. Adopting an ESG strategy not only attracts investors and consumers but also reduces risks and bolsters public perception. The development of this strategy involves identifying focus areas via a materiality assessment and implementing a suitable ESG framework to steer the overall plan.