The incorporation of Environmental, Social, and Governance (ESG) factors within the financial reporting results in an enhanced corporate culture along with employee engagement thereby contributing to responsible investing. For the past decade, the investment into ESG has escalated worldwide; similarly, wearable medical devices are seen as a dynamic gadget that has a significant positive impact on the health of individuals thereby contributing to good health.

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/wearable-medical-device-industry-esg-outlook
 

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