Environmental, Social & Governance (ESG) is a set of standards that assess how a company, in a world moving towards a green and sustainable future, understands and works towards minimizing risk and maximizing opportunities to the natural environment.
ESG further guides companies on how to improve labour and working conditions as well as support and improve the quality of lives of local communities in which it operates. It also emphasizes on the need for a company to be more resilient and sustainable through its managing of systems to ensure legal compliance, upholding good ethics and preventing bribery and corruption.
With this initiative, SMD will shed light on its ESG activities while improving investor transparency and inspiring other companies and organizations to do the same.