In today’s market, financial performance is no longer the sole indicator of an organization’s success. If a company is making money but forgoes sustainability or has sweatshops, how good of a company is it? Environmental, Social, and Governance (ESG) is a critical framework for any organization to understand and track—whether a multinational corporation or a small business.
In this episode, we discuss the ESG framework, why you need to track it, and how. We explain how it helps organizations and small business owners evaluate which markets or regions to invest in. We describe the challenge of tracking ESG. We also highlight why ethical sourcing is a critical component of supplier diversity and underscore how taking small steps can substantially impact the world.
This week on Breaking Barriers:
- The Environmental, Social, and Governance framework and its background
- How capital markets use ESG to evaluate organizations and determine future financial performance
- The challenge of tracking ESG
- Ethical sourcing as a critical component of supplier diversity
- Why tracking ESG is important for investors
- Navigating ESG as a small business community
This podcast is brought to you by Hire Ground
Hire Ground is a technology company whose mission is to bridge the wealth gap through access to procurement opportunities. Hire Ground is making the enterprise ecosystem more viable, profitable, and competitive by clearing the path for minority-led, women-led, LGBT-led, and veteran-led small businesses to contribute to the global economy as suppliers to enterprise organizations.
For more information on getting started, please visit us @ hireground.io today!
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