According to HSBC, knowing where to start when it comes to assessing and reporting on sustainability can feel daunting. But SMEs can benefit from measuring their performance and proving their credentials.
The impact of business operations on people and planet is becoming an increasingly vital concern. But focusing on this journey towards sustainable, responsible operations can prove advantageous in many ways. Companies should aim for a strong strategy that involves setting sustainability-linked targets and effectively measuring progress.
Measuring the sustainability performance of a business involves assessing the impact of three key areas: environmental, social and governance. These are commonly known as ESG factors and they are playing an increasingly important role in the overall assessment of a business – for both consumers and investors.
Read more on their website.