What are some examples of effective ESG practices?
Effective ESG practices include sustainable sourcing, reducing carbon footprints, and promoting diversity in the workplace.
Can you give me specific examples of companies that excel in these areas?
Sure! Companies like Unilever focus on sustainable sourcing, while Microsoft has made significant strides in carbon neutrality.
How do these practices impact a company's performance?
Companies with strong ESG practices often see improved brand loyalty, reduced risks, and better financial performance over time.
What challenges do companies face when implementing ESG practices?
Challenges include high initial costs, lack of clear regulations, and the need for cultural shifts within the organization.
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