Environmental Social Governance
Environmental Social Governance (ESG) is a framework used by organizations to evaluate and report on their performance in three key areas: environmental impact (e.g., carbon emissions, resource use), social responsibility (e.g., labor practices, community engagement), and governance (e.g., ethics, transparency). It helps stakeholders assess non-financial risks and opportunities, driving sustainable and ethical business practices. ESG is increasingly integrated into corporate strategy, investment decisions, and regulatory compliance.
Developers should learn ESG to build software that supports sustainability reporting, compliance tracking, and ethical data handling, especially in industries like finance, energy, and tech where ESG metrics are critical. It enables the creation of tools for carbon footprint analysis, social impact dashboards, and governance audits, aligning technology with global sustainability goals such as the UN SDGs. Understanding ESG helps in developing applications for ESG data management, risk assessment, and stakeholder communication.