The ESG Handbook & Business Directory for ESG Strategy & transformation.

ESG: Environment, Social, Governance

ESG is the business strategy for sustainable development

With ESG, the global sustainable development community has created a stable and reliable framework for business strategy and transformation. The ESG strategy framework adressess risks but also opportunities for sustainable business transformation. Read more about ESG as a Strategy

Europe is taking ESG to another level. The EU utilises ESG as a policy instrument for sustainable development, which is called CSRD. CSRD both pursues and enforces the European Green Deal. We have a seperate section on CSRD Section.

ESG Strategy & transformation

On ESGTransformation.com Mission Guide shares all the knowledge and insights that it collected during the start-up period. You will find it in the ESG business directory and in the ESG Knowledge Hub categories. If you are looking for a definition of ESG transformation check the last chapter of the ESG Handbook.

1.1) What is Sustainable Development?

First of all, let it be clear that sustainability and sustainable development are used as interchangeable concepts. On this website where the central subject is transformation, it is preferred to use sustainable development because of the word development.

3.4) FEST: ESRS reworked into an ESG strategy framework

In chapter 3.3 ESRS, the CSRD compliance framework, shows to what extend ESG reporting can help to get an understanding of the importance of sustainable development in business. ESG transformation however goes beyond compliance and reporting.

4.1) What is ESG strategy?

On ESGTransformation.com sustainable development is the movement, where the circular economy is the engine. ESG is the benchmark to understand the position of a business and to measure progress. The purpose of developing an ESG strategy is to make progress against the benchmark.

5.1) What is ESG transformation?

Transformation is all about change. A change in structure and/or composition. In business terms this means a structured approach in changing the business model, the business activities and the business outcomes. As ESG is all about materials, energy and people, ESG business transformation is a structural adaptation to the availability of these three core elements of the economy. This is incentivised by new societal expectations and scientific insights.

Page 1 of 2