The ESG Future Foundation is dedicated to working with organizations and communities in all ESG aspects – that is environmental, social, and governance. The foundation embodies the mindset of all ESG operations which are purpose-driven.
In addition to being ‘the right thing to do’ businesses that embrace ESG principles are likely to: have better long term and financially sustainable business strategies; greater access to capital; have a more engaged and productive workforce; be strongly aligned with their current and potential clients and customers and be less likely to have disadvantageous government policy or regulation ensued on them.
By promoting ESG, the foundation helps to make the communities a sustainable and better place to live.
Environmental, Social, and Governance (ESG) criteria are a set of standards that potential investors use to screen companies that they may invest in. ESG standards look at a company’s environmental impact and their relationships in the area they operate in, including with employees, suppliers, customers and the wider community. They also look at the company’s leadership, executive pay, shareholder rights, audits and internal controls. There are studies suggesting that more environmentally minded firms offer better returns for investors.
The well-being of our communities depends on a well-functioning government and a thriving business sector that meets society’s needs including, for example, employment creation, equitable growth, protection of natural resources, and safeguarding of customers’ interests.
According to an analysis conducted by PwC Australia titled ESG reporting in Australia, as of the end of 2021, for Australia’s top 200 companies (ASX 200):
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