Environmental Social Governance
ESG is an acronym for Environmental Social Governance. ESG is used to determine the environmental effects a company has on the world. Acer for example has very good ESG results. ESG is based on multiple factors such as exposure to harmful materials and the managements of ESG issues. All of these factors combined show how environmentally conscious a company is. Some merits to ESG is that it keeps companies environmentally conscious in order to attract customers. This benefits both the environment and the company, as people have an easier time trusting companies with green values. However, some downsides to ESG is that it is very expensive for the company to upkeep.