80 likes | 108 Views
Learn how Hajra Karim's exceptional leadership in ESG is shaping the finance sector's pivotal role in building a sustainable world for future generations.
E N D
INNOVATING AND TRANSFORMING ESG THROUGH FINANCE LEADERS ESG stands for environmental, social, and governance, and it refers to the criteria that measure an organization's or investment's sustainability and social impact.
UNDERSTANDING ESG: ESG refers to the three key areas that measure a company's sustainability and ethical practices. Environmental factors assess an organization's environmental impact, such as carbon emissions, waste management, and resource consumption. Social factors encompass employee welfare, diversity and inclusion, community engagement, and supply chain practices. https://hajrakarrimsacfo.blogspot.com/2023/07/the-finance-leaders-role-in-driving-esg.html
THE IMPORTANCE OF ESG: ESG considerations have become essential for businesses due to several factors. First, stakeholders, including investors, customers, and employees, increasingly expect companies to prioritize sustainability responsibility. Second, regulatory bodies are introducing stricter ESG reporting requirements and standards. and social https://hajrakarrimsacfo.blogspot.com/2023/07/the-finance-leaders-role-in-driving-esg.html
Finance leaders must provide transparent and consistent information on their ESG performance, risks, and opportunities to their stakeholders. They need to adopt common standards and frameworks, such as the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB), or the Task Force on Climate-related Financial Disclosures (TCFD). ESG REPORTING AND DISCLOSURE https://hajrakarrimsacfo.blogspot.com/2023/07/the-finance-leaders-role-in-driving-esg.html
1. Long-term value creation: Financial leaders recognize that integrating ESG factors into decision-making can contribute to long-term value creation. HERE'S HOW ESG PRINCIPLES INFLUENCE FINANCIAL LEADERSHIP'S DECISION-MAKING: 2. Risk management: ESG factors are closely tied to risk management. Financial leaders analyze environmental and social risks associated with their investments and business operations. 3. Stakeholder engagement: Financial leadership recognizes the importance of engaging with various stakeholders, including customers, employees, investors, and communities. https://hajrakarrimsacfo.blogspot.com/2023/07/the-finance-leaders-role-in-driving-esg.html
4. Access to capital: ESG considerations have a growing influence on investment decisions. Many investors, including institutional investors and asset managers, are integrating ESG factors into their investment strategies. 5. Regulatory compliance: Governments and regulatory bodies increasingly implement policies and regulations promoting ESG practices. Financial leaders must stay abreast of these developments and ensure compliance with relevant laws. 6. Reputation and brand management: ESG factors significantly impact a company's reputation and brand value. Financial leaders understand that negative environmental or social impacts can harm their brand image and erode customer trust. https://hajrakarrimsacfo.blogspot.com/2023/07/the-finance-leaders-role-in-driving-esg.html
CONCLUSION As organizations navigate the changing business landscape, finance leaders like Hajra Karim have a critical role to play in driving ESG innovation and transformation. Embracing ESG not only contributes to long-term success but also helps create a positive impression on the environment, society, and overall stakeholder value. Hajra Karrim https://hajrakarrimsacfo.blogspot.com/2023/07/the-finance-leaders-role-in-driving-esg.html
Thank You for Watching Seasoned executive offering 14 years’ experience as a CFO of USD$0.5bn sized B2B and B2C businesses within African, USA, and European multi-national organisations. https://hajrakarrimsacfo.blogspot.com/2023/07/the-finance-leaders-role-in-driving-esg.html