.jpg)
Today is World Zero Emissions Day.
Commenting on Zero Emissions Day, Jesús González Nieto, Head of BME Growth, said:
“Zero Emissions Day reminds us that organisations have a responsibility to conduct business in a sustainable way. Environmental, social, and corporate governance (ESG) has become a crucial part of business strategy for companies of all sizes, and it’s a topic that’s resonating in the trading community as well.
There are now substantial expectations for each company to have sustainability goals and even more importantly, report on progress against them. Accurate ESG data plays a key role for investors as they have to demonstrate that they are satisfying their ESG responsibilities. However, the number of ESG standards and ratings make it difficult to properly judge how companies are tracking against ESG goals. This is particularly critical for SMEs.
Many companies put emphasis on ESG because they think it will improve their long-term profitability. Others are being asked by their own investors to do the same. It’s also becoming common among asset managers to incorporate ESG into their investment strategies.
While research shows that only a small percentage of traders consider ESG investing a priority driver for trading activity for the remainder of 2022, it’s clear that sustainability needs to stay front of mind for businesses and traders alike. Getting ESG strategies right is critical for successful market positioning and ultimately achieving a higher market value.”
