ESG will set the trend in the business ecosystem in 2023
Mexico Industry | January 04, 2023 |

The ESG (Environmental, Social & Governance) concept will be a long-term trend that covers these three spheres and will have a greater presence in the business ecosystem. Under these precepts, companies will carry out their activities to contribute to the balance of nature, human development and to improve their corporate image.

This ideology permeates all its stakeholders; that is, from their boards of directors and supply chains, to their strategic links with suppliers, making them attractive to the commercial market, by promoting and strengthening their reputation.

Check here: What can be expected from the office real estate market for 2023?

Working in favor of the rescue and restoration of the planet, by agreeing with values and commitments closely related to environmental care, social welfare and regulatory compliance, also benefits the business economy.

Sustainable investment amounts to 30.7 billion dollars, that is, a third of global assets under management, according to a report by the Alliance Investment Sustainable Global. Sustainable principles contribute, to a large extent, to the financial performance of companies, which is reflected in the long term. This involves both the investment analysis and the creation and review of portfolios.

Therefore, they achieve greater profitability, since they reduce the risks when allocating capital and, simultaneously, they create value in ESG investments. In this way, ESG precepts generate financial importance in companies.

Of interest: How to reverse the historical minimum levels of industrial vacancy by 2023?

For this reason, the Business, Functions, Strategy and Corporate Finance 2020 report, by the McKinsey firm, revealed that investments focused on sustainability experienced a strong increase and a significant upward trend.

Sustainable criteria contribute to the performance of companies through their financial metrics, which, in addition to providing optimal results to customers, workers, shareholders and stakeholders, make them stand out from their competitors.

A projection by the International Data Corporation (IDC) indicated that spending on ESG business services will reach $158 billion by 2025, with a compound annual growth rate of 32.3%.

In Solili you can consult available industrial building and offices in Mexico City

Original note

Stay up to date with the most important news to the real estate

Subscribe Solili Newsletter