ESG refers to a management method that considers environment, society, and governance. The environmental sector aims to reduce carbon dioxide emissions and take environmental measures related to water pollution and microplastics. In the social sector, human rights issues related to working conditions and gender equality are targeted, and in the governance sector, policies related to corruption, disclosure of risk-related information, and compliance with laws are established. Through the implementation of ESG, the effect of improving the value of a company can be enhanced by integrating SDGs' goals with management strategies.
We will look at some of the representative performance examples of ESG in South Africa. First, Hitachi takes the lead in saving industrial and household water and reducing environmental pollution through remix water. Second, MS&AD Interrisk Research and Consulting Incorporation provides a simple assessment of water risks, such as water depletion and water pollution at domestic and foreign bases operated by companies, to predict future rainfall according to climate change scenarios. Lastly, Nedbank is a technology related to new and renewable energy and aims to raise business resources such as small solar panels, heat pumps, and batteries. Nedbank is expected to expand its related energy business resources from about 32 billion rand to 50 billion rand.