Capital raising
In the world of investors, we can see a trend of interest in ESG reports. The fact that a company has sustainability certifications or regularly publishes corporate social responsibility content on its website can have a very positive impact on the valuation of an investment. Thus, sustainable companies have easier access to capital and are valued more highly than other companies.
Improve the company's image
Transparency and transparency in environmental and ESG activities can significantly improve a company's public image and allow it to access opportunities not previously available . These opportunities include, for example, industry events on new sustainable reporting opportunities.
Moreover, this image can attract not only investors, but also whatsapp number in australia customers and employees, for whom corporate social responsibility can be one of the key issues when establishing cooperation.
Interestingly, according to Manpower Group research, as many as 84% of Gen Z employees believe that employers should strive for sustainability and take steps to protect the environment.
Improving competitiveness and customer loyalty
Companies that report on their ESG activities can gain a significant competitive advantage. Greater transparency on sustainability is increasingly important to consumers, which can translate into greater customer loyalty and increased market share for the company.
Challenges of environmental information
Fighting greenwashing
Many companies are trying to find loopholes in current sustainability regulations. One of the biggest challenges of modern reporting is precisely the phenomenon of greenwashing.
"Pseudo-green marketing, or greenwashing, is the practice of creating a false impression about the environmental impact or benefits of a product, which may mislead consumers," says the European Parliament.
Electronic waste
Technological advances are leading to an increase in the consumption of electronic devices. Electronic waste, known as e-waste, is becoming a serious problem as it contains toxic substances that can contaminate soil and groundwater. The electronics industry is currently facing the challenge of managing this waste effectively.