Azerbaijan will adopt a new standard”/>
In the coming days, the adoption of a new unified ESG will be announced in Azerbaijan [экологическое, социальное и корпоративное управление] standard
As Day.Az reports with reference to Trend, this was announced by the first deputy chairman of the board of the Small and Medium Business Development Agency of Azerbaijan (KOBİA) Natig Hasanov at the event on the topic “Communication of reforms on the business environment and information on electronic government services.”
“In the coming days, a new unified ESG standard will be adopted in Azerbaijan. This standard will be presented for the first time in Azerbaijan. This is expected to happen by the end of this month or early next month,” he said.
Let us recall that recently a presentation of the concept of the “Unified Digital Platform for ESG” took place in Baku.
The digital ESG platform is not only a management and control tool, but also a strong resource for integrating sustainable practices into the daily operations of enterprises. It provides companies with access to up-to-date information on best practices, as well as analytical tools to assess their own performance in the areas of environmental, social responsibility and corporate governance. The key is the ability to monitor and report in real time, allowing companies to quickly adjust their strategies and quickly respond to changes in stakeholder requirements and expectations. This, in turn, increases the transparency of companies’ activities and builds trust between business and society.
It recently became known that a unified digital ESG platform will be presented in Azerbaijan.