WHAT IS ESG
Environmental, Social, and Governance (ESG) represents a more stakeholder-centrist approach to doing business.
Companies that adhere to ESG standards commit to conducting themselves ethically in those three areas, using a variety of ESG tactics, techniques, and ESG solutions to do so.
Integrating ESG into Malaysian SMEs has been generally beneficial and warmly appreciated. There is, however, a lack of comprehension of the true value of ESG. These companies link ESG with climate change and reporting requirements, neglecting to recognize the economic opportunities that exist, such as new markets to sell to, reductions in costs, and integrated risk management.
SMEs' involvement to ensure the realization of a sustainable future in Malaysia is crucial as their contribution to the Malaysian economy is immense
EMSPIRAL IN ESG
EM Spiral PLT is a human development training organization. It has taken the lead in creating a sustainable future through its upskilling and reskilling program, which focus on growing the skills, people, leaders, and company culture that are trademarks of ESG in the business.
The Consulting team at EM Spiral PLT will discuss the advantages of incorporating ESG issues into investment decisions.
We will assist you in focusing on the three 'P's: 'People, Planet, and Profits' (PPP). Businesses should focus on all three 'P's', not just 'Profits', because they are all equally necessary for any commercial organization to be successful. This principle is central to ESG's focus.
In adopting ESG, our advisors will demonstrate how it may help you attract talent, target future consumers, and promote brand enhancement and innovation. They will guide you through the ESG journey in order to increase your top-line growth, cut costs, recruit talent, and raise staff productivity.
CERTIFICATION PROCESS
BENEFITS OF ESG CERTIFICATIONS FOR SMES
Create competitive advantage including a more stable investor base, lower cost of capital and better access to financing.
Display companies' engagement in sustainable business practice to attract global and domestic investors.
Tap into the growing global demand for sustainable products.
Create mechanisms to deliver continual improvements in ESG performance with definable results for customers, employees, and stakeholders.
Enhance corporate reputation and brand image via ESG compliance and performance.
Reduce waste and costs through improved operational efficiencies & strengthen the corporate performance.
Compliance to trade policies such as EU's Paris Agreement & etc.
ESG Certification is vital for companies seeking to create long-term value and strengthening their corporate performance.
Companies that adhere to ESG principles can attract and retain more customers by being transparent and effectively communicating their ESG efforts to customers.
ESG not only makes a business more appealing to investors, but it may also improve the overall financial performance of the company. Even little initiatives toward sustainability such as going paperless, recycling, or making energy-efficient upgrades can boost a business's financial line.