Do you know what ESG is and how important this concept is for companies and for the planet?
02/09/2022ESG stands for environmental, social and governance, and corresponds to an organization’s environmental, social and governance practices. The acronym appeared for the first time in 2004, within a working group of Principles for Responsible Investment (PRI), a network linked to the UN, which aims to convince investors about sustainable investments.
The understanding and applicability of ESG criteria by Brazilian companies is an increasing reality. Acting in accordance with ESG standards expands the
competitiveness of the business sector, whether in the domestic market or abroad. ESG is an indication of solidity, lower costs, a better reputation, and greater resilience amidst uncertainties and vulnerabilities. If in the past a company should have focused on its growth and profitability, today their role in society is much broader.
The Sustainable Development Goals (SDGs), established by the UN in 2015, are today the main guide that a company must follow to bring its operations up to good ESG practices. The SDGs summarize the social, environmental and governance challenges of our time, which we will only be able to overcome with the engagement of companies.
As metas e objetivos ESG da Valgroup
Environmental (Ambiental):
- By 2040, we are committed to being NET ZERO, neutralizing carbon emissions and recycling 100% of the equivalent volume we produce;
- To operate with 50% clean, renewable energy by 2025 and 100% by 2030.
Social:
- Contribute to the eradication of hunger;
- Support quality education for vulnerable children and youth;
- Act with respect to human rights;
- Support diversity and inclusion through the fair offer of opportunities.
Governance:
- Act in accordance with the best international governance practices;
- Act strictly in accordance with the Global Ethics and Compliance Program.
At Valgroup, we make commitments to the environment, and society, and act in an ethical and transparent manner.
Learn more about our ESG commitments and initiatives. Access:
www.valgroupco.com/sustentabilidade/
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