'Environmental, Social and Governance' assesses environmental, social and governance issues in the corporate environment
In recent years, the acronym ESG has become increasingly common in the business world. ESG stands for "Environmental, Social and Governance" and is a set of criteria used to assess the sustainability and social responsibility of companies.
The ESG criteria were developed to help investors assess the performance of companies in relation to environmental, social and governance issues, as well as their impact on society and the environment. These criteria have become especially important for investors looking to invest in companies that have a positive impact on the world and are more transparent in their operations.
Environmental - "E"
All issues related to the management of natural resources, greenhouse gas emissions, pollution and the use of renewable energy are part of this criterion. Companies that care about the environment and take measures to minimize their negative impact on nature tend to perform better in this criterion.
Social - "S"
How does the company relate to its employees, suppliers, customers and communities in general? Issues such as diversity and inclusion, employee health and safety, fair labor relations and community engagement are assessed in this criterion.
Governance - "G"
The last criterion refers to how the company is managed and how its decisions are made. Issues such as transparency, corporate responsibility and ethics, the independence of the board of directors and respect for shareholders' rights are assessed in this criterion.
Companies that excel in all these criteria are considered more sustainable and socially responsible, attracting more investors and conscious consumers. Organizations that promote ESG actions guarantee certifications and seals of excellence.
One of the companies that has stood out in the ESG criteria is Social Digital Commerce, which specializes in fullcommerce and cross border. Some of the organization's actions that contribute to its good performance in each of the ESG criteria include:
"E" - MOSS Carbon Neutral Seal
Social Digital Commerce holds the MOSS Carbon Neutral Seal, a certification awarded to companies that manage to completely offset their greenhouse gas emissions by reducing their emissions as much as possible and then offsetting the rest of the emissions by investing in carbon reduction or removal projects.
With the compensation, the company is supporting three protection projects in the Amazon: Agrocortex, Fortaleza Ituxi and Santa Maria. In addition to the environmental benefits, REDD+ projects have a direct impact on local social and economic development.
"S" - Employee first
Valuing employees is the watchword at Social Digital Commerce. The company believes that offering office benefits is a way of promoting a healthy and engaging work environment. Among the benefits offered are fresh fruit every day, massage sessions, courses and training.
Social Digital Commerce also encourages its employees to take part in events that promote health and well-being.
"G" - Great Place To Work Seal (GPTW)
Among Social Digital Commerce's governance actions is the GPTW seal. This certification is awarded exclusively to companies that offer a quality working environment and well-being to their employees.
The certification is based on a survey of the company's employees, who evaluate various aspects of the work environment, such as organizational culture, leadership, climate of trust and engagement.
ESG criteria have become an important way of assessing corporate performance in relation to sustainability and social responsibility. Companies that adopt these criteria, such as Social Digital Commerce, tend to be more attractive to investors and conscious consumers, as well as benefiting from more efficient management and a reduction in long-term risks.
