Environment, social, and governance (ESG) policies made by companies are rapidly shaping the current trend in investments in public and private sectors due to rising demand from various stakeholders, mainly consumers and governments across the world. Advancement of technology through Information Technology has created a positive impact across various industries by promoting cloud computing services as virtual infrastructure that can also be used as a part of virtual value chain, decreasing the negative impact on the E in the ESG - Environment and improving the G - Governance aspect across industries through advanced solutions.

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/cloud-computing-industry-esg-outlook
 

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