Ways for UAE businesses to come up with perfect ESG outcomes

Ways for UAE businesses to come up with perfect ESG outcomes

Businesses and governments are recognising that ESG risks and opportunities are fundamental to guarantee the long-term success of companies. Alongside the attraction of talent, the operating model, and their investors’ interests. As such, ESG principles have become a core element to every company’s operations and supply chain, moving from a ‘nice to have’ to a crucial element of business strategy. In this environment, the levels of scrutiny on environmental credentials businesses face will only increase. Demonstrating tangible ESG policies as well as a solid strategy to offer more sustainable products and services has become paramount. Businesses that neglect or do not put the right strategies in place to improve their environmental impact – including Scope 3 emissions and the environmental footprint across their supply chain - risk damaging their reputation, face greenwashing claims and losing market share. A business’s ESG performance can also impact stock prices, business valuations, and investor appetite, in turn affecting a company’s growth and funding opportunities. When the stakes are this high, integrating ESG into business operations becomes an absolute priority. If done successfully, this can become a competitive advantage and lead to increased efficiency, reduced costs and environmental impact, whilst enabling the creation and delivery