Frontier Venture has developed a practical guide to ESG reporting for small and medium sized companies (SME). It covers ESG strategy, management and reporting.
An environmental, social and governance (ESG) strategy is defined as a business model that emphasizes corporate responsibility and sustainability. All businesses seek profits, but today’s investors and shareholders want to see businesses making efforts to make the world a better place as they generate those profits. The same demand may come from staff and external stakeholders, such as customers, banks, soft fund operators, public sector etc.
In recent years, a growing number of ESG laws and regulations have been passed around the world. The aim is to create better consistency, transparency, and quality among corporate ESG disclosure, sustainable investment, and ESG practices and financial products. The European Union (EU) has some of the world’s most advanced ESG regulations of any economic region.
Despite not being a legal requirement for most SMEs to undertake ESG reporting, the issue cannot simply be ignored. For this reason we have developed a practical guide to ESG reporting for SMEs. The guide is currently being rolled out in Bulgaria by Cleantech Bulgaria. If you are based in Norway or any other countries, please get in contact with us to get started with your ESG strategy, management and reporting. It will allow your company to be seen as future-oriented and respecting some of the most important environmental, social and corporate challenges of our time. In other words you demonstrate to the world that your company makes the world a better place.
The project “SMEs ready for ESG challenges” is co-financed by the EEA Grants.
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