Leveraging ESG performance to win FDI
As global competition for FDI intensifies, the race to carbon neutrality has never been keener. 49% of the world’s GDP and about 50% of global carbon dioxide emissions are now covered by a net-zero commitment, and as the value of low carbon goods and services increases, these numbers are set to rise. Opportunities arising will be considerable, particularly at a time when interest in environmental protection and long-term sustainability, along with social conscience and good governance has never been greater. Events of 2020 accelerated adoption of ESG, and proven links between a company’s ESG performance and its profitability have been established. As we move into 2021, ESG has developed from a key indicator of business performance to assessment criteria for FDI decision-making.
January 14, 2021 /