What is ESG?
ESG is a framework that assesses a company’s impact on the environment and society.
‘E’ is for the environmental impact that a company has on things like CO2 emissions, water usage and recycling.
‘S’ is for the social impact the company has through salaries and wages, employee diversity and product quality for example
‘G’ is for governance. That’s the glue that holds it together. It includes information on how the company is organised, the independence and diversity of Directors, and ethics & values.
Will it affect my business?
There is new ESG regulation in the UK, EU, US and all over the world. It makes big companies, investors and banks find out about the ESG impacts of every company they work with, invest in or lend to – big or small. So businesses of all sizes are included ‘in the ESG value chain’ – even if they don’t know it yet.
Do I need ESG Accounting?
Does ESG affect my business? Take 30 seconds to find out now.
Over 10,000 owners of small businesses just like yours are concerned that getting involved will be costly and a big time commitment. To find out if ESG effects your business just answer “yes” or “no” to these six questions.
Let's start with the here and now…
Does your business have financial accounts and records for 1 full year?
Do you currently provide goods or services as part of a large company’s supply chain (i.e. a public company or one with over 500 employees or 250 in France)?
Do you currently have external investors (not friends and family)?
It looks like you need ESG AccountingAnd that's not bad news. Professional ESG accounting helps small and medium-sized businesses (SMEs) to identify the opportunities of ESG and unlock up to 4% more profit. And because it's online and purpose-built for SMEs, it only takes 2-4 hours and costs £1,000-£3,000 (based on the number of employees), so you only pay what’s fair for your business.
Now thinking about your plans for the future. In the next 2 years…
Are you likely to grow your team and hire more staff?
Are you likely to get a bank loan to invest in the business?
Are you considering raising capital from external investors (i.e. seed investors, venture capital, private equity, public listing)?