Toyota Motor Corporation has been focusing on sustainability due to effective due diligence and better investment decision for the company as well as relevant stakeholders. The company has agendas for addressing its update for progress in sustainability for which it aligns its operation and reporting to United Nations’ Sustainable Development Goals (UNSDGs). To achieve net zero emissions, the firm focuses on electrification strategy, managing product lifecycle by optimizing value chain, and creating infrastructure for mobility.
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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