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

practice

As part of the European Green Deal, all member states will have circular economies with net
zero emissions by 2050. While the European Union (EU) has an advantage, the United States has
ambitious plans to decarbonize the economy 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