Importance of Environmental, Social and Governance (ESG) in engineering practice

All EU member states as part of by 2050, the European Green Deal will have circular economies
with net zero emissions. Despite the fact that the EU has a competitive advantage, the United
States intends to decarbonize its economy in a big way and achieve zero emissions by 2050.
Companies are already taking into account the financial consequences that financial
consequences do not act on sustainability, as many countries have adopted the rules such as coal
controls and financial and banking sectors to include ESG rules in their financing criteria.
In addition, the private capital market includes sustainability, environmentally friendly, social
and governance criteria (ESG) in its portfolio strategies.
ESG questions are increasingly regarded by investors as a means of reducing investment risks.
Additionally, companies that have successfully implemented ESG and sustainability strategies
outperform the rest of the world's leading companies:

As a result, ESG transparency will be a key focus for businesses in 2021 and beyond.

Name: Dinesh S/O Ravichandran

ID Number: ME0105429
EIS Section : COEB3012 Section 1
Email : dineshravichandran4972@gmail.com