ESG 101: A Simple Explanation

Over the past year, ESG has become the new buzzword for responsible investing. But what is it? ESG stands for Environmental, Social, and Governance and refers to these three key factors when evaluating how advanced a company is with sustainability.

Environmental factors include the company’s contribution to protecting the planet through greenhouse gas emissions. It considers a company’s utilization of natural resources and the effect of their operations on the environment, both in their direct operations and across their supply chains.

Social factors include human rights, ensuring labor standards are met with workplace safety, and ensuring their supply chain does not engage in illegal child labor.

Lastly, Governance creates a culture that goes to the heart of sustainability. It looks at social, environmental, and economic impacts of the decisions they make. Governance through a sustainability lens often changes an organization’s approach.

Adams Cable Equipment is proud to say we are partnering with companies around the country to help them meet their ESG goals for 2022, and we would love to help you! Contact us today for more information.