Case studies

Common ESG metrics include:

• Environmental: Greenhouse gas emissions, water usage, waste generation, energy efficiency
• Social: Employee turnover, diversity and inclusion metrics, customer satisfaction, supply chain ethics‍
• Governance: Board diversity, executive compensation, bribery and corruption incidents

The benefits of ESG include:

• Enhanced reputation and brand image
• Improved financial performance
• Attracting and retaining investors
• Reduced operational costs
• Increased employee engagement and satisfaction
• Stronger relationships with stakeholders

Implementing ESG can be a complex process, but here are some key steps:

• Assess your current ESG performance: Identify your company's strengths and weaknesses in each ESG area.
• Set clear ESG goals: Define specific, measurable, achievable, relevant, and time-bound (SMART) ESG objectives.
• Develop an ESG strategy: Outline how you will achieve your ESG goals.
• Implement ESG initiatives: Put your strategy into action through specific projects and programs.‍
• Monitor and report on ESG performance: Track your progress and communicate your achievements to stakeholders.

ASEAN companies face unique ESG challenges, including:

• Diverse regulatory landscape: ESG regulations vary across ASEAN countries.
• Supply chain transparency: Ensuring ethical and sustainable practices throughout the supply chain.
• Climate change impacts: Managing risks associated with climate change, such as natural disasters.‍
• Social inequality: Addressing issues like poverty, inequality, and labour rights.

ESG is important for several reasons:

• Risk management: It helps identify and manage potential risks to a company's reputation and financial performance.
• Investor interest: Many investors consider ESG factors when making investment decisions.
• Regulatory compliance: ESG factors are increasingly being incorporated into regulatory frameworks.‍
• Stakeholder expectations: Customers, employees, and communities are increasingly interested in a company's ESG performance.

ESG stands for Environmental, Social, and Governance. It is a framework used to evaluate a company's performance in these three areas:

• Environmental: Focuses on a company's impact on the environment, including climate change, pollution, resource management, and biodiversity.
• Social: Examines a company's relationship with its employees, customers, suppliers, and communities, including labour practices, human rights, and community involvement.‍
• Governance: Evaluates a company's corporate governance structure and practices, including board diversity, executive compensation, and risk management.