ESG Reporting is becoming increasingly important in the manufacturing industry. According to a study by McKinsey in 2020, companies that prioritize sustainability and ESG issues outperform their peers in terms of financial performance.
To address this topic, the EU Tech Chamber (EUTECH) Sustainable Manufacturing Alliance organised a webinar on May 09, 2023. The topic under discussion was, “ESG Reporting for More Effective Manufacturing”.
The webinar started off with a short overview of the organization and a formal introduction of the panelists by Dr. Igor V. Gladkov, who is the Director of the Food, Farming and Fisheries Alliance.
During the webinar, the keynote speaker discussed the importance of environment, social, and governance (ESG) reporting in the manufacturing industry. The speaker emphasized that ESG reporting is no longer just a trend; it has become a crucial aspect of sustainable business practices and is increasingly demanded by stakeholders, including investors, customers, employees, and regulators.
The speaker highlighted several key points regarding the significance of ESG reporting in the manufacturing sector. Furthermore, the keynote speaker emphasized that ESG reporting is not solely about compliance or mitigating negative impacts; it also presents opportunities for innovation and growth.
In conclusion, the webinar highlighted the growing importance of ESG reporting in the manufacturing industry. Manufacturers that embrace ESG reporting and integrate it into their business strategies are well-positioned to thrive in an increasingly sustainability-focused marketplace.
We want to thank our respected speakers for their informed insights on this. Moreover, special thanks to Dr. Igor V. Gladkov. for moderating the webinar and distributing Tree-Certificates to the panelists.
Above all, sincere thanks to all our attendees – your comments, compliments, and questions. Stay tuned for our next Sustainable Manufacturing Alliance webinar!