Companies seeking to raise financing and promote their products on international financial and commodity markets face increasing expectations on the part investors, counterparties, creditors, and regulators. Companies are now expected to:
- develop a strategic environmental, social, and governance (ESG) vision
- implement environmental protection projects
- contribute to preventing climate change
- reduce product carbon footprints
- provide uninterrupted operation
- comply with corporate governance and human rights principles.
The impact of ESG factors on companies’ financial performance is more apparent every year. Decision-making regarding non-financial issues affects a company’s reputation while also having tangible economic consequences.
There is a growing interest among investors in sustainable businesses and tools that enable identification of such companies, such as ESG ratings and indexes. These tools comprise systematised and comparable information on various companies’ ESG management policies and measures.
KPMG in Ukraine’s specialists have decades of combined international experience in providing services related to sustainability management, ESG reporting, and investor communications, thereby helping companies to implement sustainable development practices and improve their position in relevant ESG ratings.