Public companies have seen the need to implement Environmental, 社会 and 治理 (ESG) programs to enhance stakeholder value through the company’s commitment to the future. Investors have been factoring into investment decisions the presence of an ESG program that focuses on sustainability. To help companies attract 投资者, Nasdaq launched an ESG Advisory Program in 2019. The program lays out ESG metrics that provide 投资者 a clear understanding of the company’s sustainability objectives.
In 2020 Nasdaq rolled out an ESG platform for public companies that allows a portal to input ESG factors and the service generates meaningful ESG metrics and accommodate the different sustainability frameworks that rating agencies and stakeholders expect.
It is important to act now as within the next 10 years it is highly likely that all companies will be required to have a form of an ESG program. ESG programs may be scaled to the size of the organization. The pressure to implement an ESG program is coming from regulators, 投资者, 评级机构和公众. 即使没有严格的要求, the benefits of going through an ESG assessment is worth the effort. Implementing aspects of an ESG program will help improve the viability of any organization.