Companies Embrace Sustainability and Focus on Environmental, Social, and Governance (ESG) Issues
Published: 2023-10-21Toyota is taking a holistic approach to future mobility, focusing on more than just selling electric cars. The company believes that each country should determine the best fit-for-purpose solutions for their mobility needs. Toyota is already trialing various solutions in developing Asian cities, such as last-mile/first-mile solutions and shared electric pods. The company believes that good public transport and walkable cities are necessary for people to enjoy their cars.
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BIBD Asset Management (BIBD AM) has been named Islamic asset manager of the year for Brunei due to its focus on Environmental, Social, and Governance (ESG) and its launch of the Global ESG Sukuk Strategy. The company’s commitment to ESG and socially responsible investing was recognized, as it became the first in Brunei to sign the UN Principles for Responsible Investment. BIBD AM was also praised for its initiatives to educate people about the industry and its expansion outside of Brunei.
The National Gas Company of TT Ltd (NGC) and Methanex have partnered to sponsor Sustain-U, a sustainability and environment, social, and governance (ESG) training platform. Sustain-U aims to help organizations and their employees build a strong understanding of sustainability and take tangible action. The platform will address challenges to regional sustainability, such as climate-related disasters and social issues. Collaboration and education are seen as key to achieving a sustainable future.
Tech companies, including HP, are recognizing the importance of environmental, social, and governance (ESG) issues in their business strategies. HP has been reporting on its sustainable impact goals for over two decades and aims to halve greenhouse gas emissions by 2030. The company’s ESG investments have influenced $3.5 billion in net sales in 2021. HP is also focusing on circularity, with a goal for 75% of its products and packaging to come from circular sources by 2030. The company is committed to robust measurement and disclosure of its ESG efforts.
In conclusion, companies across various industries are embracing sustainability and taking steps to address environmental, social, and governance (ESG) issues. From the automotive industry to asset management and tech companies, there is a growing recognition of the importance of sustainable practices. These companies are implementing innovative solutions, signing international agreements, and investing in initiatives that promote sustainability. Collaboration and education are seen as key to achieving a sustainable future.
https://www.wapcar.my/news/a-green-direction-no-car-maker-dares-to-pursue-toyota-to-focus-less-on-cars-more-on-moving-people--future-mobility-with-an-asian-flavour-74744Related news on 2023-10-21
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