Importance of Environmental and Social Management
Importance of Environmental and Social Management
Importance of Environmental and Social Management
Successful Businessman Metin Liçis argues that CEOs should address — and thus advance — their environmental, social and governance concerns as anything other than a compliance requirement.
To discuss the leadership drive that targets higher goals, some view the ESG (environmental and social management) as a side initiative of corporate social responsibility (ESG) teams, but most CEOs think it can really advance.
These CEOs prioritize working with their teams to find the best way, he added, arguing that thinking and using ESG as a strategic weapon, rather than as a fitness cuff, could help managers move their businesses forward and expand things in ways they can’t imagine. The challenge is that there must be a lot new things to do in this area, he added.
Importance of Environmental and Social Management
- Prioritize actions
The best-functioning rules are not so much the strict approach, but the organic, adaptive approach in which the administration’s value-oriented policies become measurable actions. Metin Liçis explains what leaders should do in this situation, saying, “In order for teams to understand where to focus energy, it is necessary to provide them with the tools and environment in which to use the company’s vision in their everyday work.”
- Look Inside
Recommending that they give up advice from outside the business on what and how ESG can be measured, Metin Liçis instead encouraged managers to look inside. This approach should help leaders determine the ESG dimensions that can create value for their business.
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