Environmental, Social and Governance (ESG) are three individual parameters that impacted the investment trend in the new era, where investors, companies and government are making policies towards betterment in these areas. The exhaustion of fossil fuels as well as the down sides of producing lithium-ion batteries has led to search for much more efficient fuels to power the transport and stationary infrastructure, thereby reducing the carbon footprint on the environment.

Why is it important to have ESG?

The abbreviation ESG stands for environmental, social and corporate governance. It is a measurement that takes into account a company's social and environmental impact on the global community. It brings awareness to the different climate issues that are occurring and encourages businesses to adopt practices and policies that are better for the environment. ESG not only helps businesses by attracting a more diverse workforce to bring in new ideas, but it also helps businesses have a greater positive impact on our world.

Read More @ https://astra.grandviewresearch.com/fuel-cell-industry-esg-outlook