ESG

ESG Management

Values for the future.
Environmental, Social and Governance

Enviroment

  • Climate change and carbon emissions.
  • Environmental pollution and regulations.
  • Ecosystem and biodiversity.

Social

  • Data protection and privacy.
  • Human rights, gender equality, and diversity.
  • Community relations.

Governance

  • Board of Directors and Audit Committee composition.
  • Bribery and anti-corruption.
  • Corporate ethics.

Background of ESG.

The concept originates from the familiar term 'sustainable development.' ESG refers to the core values of environmental, social, and governance aspects, directly tied to the sustained existence and growth of a company, with the idea of meeting the demands of the current era while considering the share of future generations.

Meaning of sustainable management.

Sustainability.

Improving the quality of human life within the limits allowed by nature.

Sustainbility is improving the quality of human life while living within the carrying capacity of supporting eco-systems
(1991, UNEP, Caring for the Earth: A strategy for Sustainable Living)

Sustainable development.

Development that meets the needs of the current generation without compromising the ability of future generations to meet their own needs.

Meets the needs of the present without compromising the ability of future generations to meet their own needs
(1987, WCED, Our Common Future)

Sustainable management.

A management paradigm that pursues sustainable development based on an organization's economic, social, and environmental responsibilities.

ESG Highlight
Avatec, as a company pursuing sustainable development based on economic, social, and environmental responsibilities,
practices responsible management for the future.