The wires and cables industry is one of the highly demanded markets, the products have high applicability across various industries ranging from automotive, aeronautical to information technology industries. Products such as optic fiber and copper cables are used for connectivity and powering the infrastructures, with the high globalization activity, the market faces different kinds of challenges in terms of ESG. There are certain positive sides to the market in terms of the social aspect of the ESG by improving access to communication.
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.
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