The baby diapers industry has been a crucial sector especially disposable diaper contributed around two third of the global market back in 2020. However, many across globe had faced difficulty to afford diapers in the past years, but few legal measures like “the End of Diaper act” had helped low-income families. This aspect impacts the social part in ESG as it can create a significant negative impact on companies in line with United Nations’ Sustainable Development Goals (SDG) 11 which focuses on reduced inequalities among minorities.
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Astra is the Environmental, Social, and Governance (ESG) arm of Grand View Research Inc. - a global market research publishing & management consulting firm.
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