What is ESG and Why Does it Matter to You?

The term ESG has gained significant traction, particularly in discussions surrounding sustainability and responsible investing for companies and organisations. So what exactly does ESG mean and why does it matter to you?

These three key factors form the basis of a sustainability framework to guide organisations to make investment and business decisions.

Why should ESG matter to you?

  As a Consumer

ESG values and practices play a significant factor for consumers as many want the products they buy to reflect their personal values. Companies with strong ESG values are more likely to garner support and influence purchasing decisions.

As an Investor

ESG can be a major influencing tool for investors. Companies with consistently good ESG scores are more resilient to risk, positioned for long-term success and are better prepared for uncertainties. 

As an Employee

Choosing the right place to work matters. When a company shares similar values with its employees, they are more engaged, productive and less likely to leave. At the same time, these values also serve to attract and retain top talents.   

  As a Global Citizen

All in all, ESG matters because it is about building a better world. By choosing to support companies that address social issues as well as prioritising environmental sustainability, you are contributing to a system that cares for the planet and the people, not just for profits. 

Eager to play your part in building a sustainable future? Come explore PB Sustain, a one-stop sustainable financing hub to help you kick start your sustainability journey. 

Besides that, the MyPB App has a CO₂ Tracker feature (available for PB Visa Signature & PB Quantum Credit Card holders only) that enables you to track your personal carbon impact on the environment empowering you to reduce emissions and make greener lifestyle choices.