Five Unbelievable Advantages of ESG for Businesses of All Sizes

As an expert ESG Award in Agile Advisors, Establishing an ESG program can benefit small and medium-sized businesses. ESG data was formerly more difficult to track and required more resources. With software that enables information to be consolidated for tasks like tracking greenhouse gas emissions (GHG), energy data, utility data sync, waste management, etc., ESG data management is now easier. Smaller to mid-sized businesses can strengthen their competitive edge by pursuing ESG, mainly if the software helps lower their overall expenses, claims Phil Molé, an expert in EHS and sustainability. Having software makes these smaller businesses more competitive with their larger counterparts, who have more significant resources to spend on monitoring and controlling ESG measures and frequently incur higher costs for hiring experts to handle their ESG data. Small to mid-sized businesses may attain high levels of ESG data management with modern ESG software at a fraction of the cost of their larger competitors.

Five Unbelievable Advantages of ESG for Businesses of All Sizes

To help you as Agile Advisors provide Sustainability Award, ESG offers a unique opportunity to set and achieve objectives that not only benefit the environment and society but also demonstrate a company's commitment to these causes. This business-driven approach, which prioritizes people and the environment over profit, is backed by a growing body of research. It shows that businesses with a high ESG rating tend to outperform those with a low or no rating in terms of financial success, making ESG a smart investment for any business. Implementing an ESG program can increase brand recognition and even encourage brand loyalty. Today's customers and clients are more concerned with a company's efforts to promote sustainability and are becoming more conscious of ethical spending. Small—to mid-sized businesses with an ESG program that have taken action to address sustainability problems draw in more clients and customers who are looking to do business with companies that are tackling these issues.