ESG Guidelines Allow All Azerbaijani Market Players To Use Single Digital Platform

9/20/2024 8:08:46 AM

(MENAFN- Trend News Agency) BAKU, Azerbaijan, September 20. The unified digital platform for Environmental, Social, and Governance (ESG) standards provides equal opportunities for all market participants in Azerbaijan, UN Partnership and Development Financing Officer Ulviya Akbarova stated, Trend reports.

Akbarova made the statement during the presentation of the ESG digital platform concept.

"The ESG digital platform is not only a management and control tool but also a powerful resource for integrating sustainable practices into daily business operations. It offers companies access to current information on best practices and analytical tools to assess their own achievements in ecology, social responsibility, and corporate governance. A key feature is the ability for real-time monitoring and reporting, allowing companies to quickly adjust their strategies and respond to changes in stakeholder expectations. This enhances transparency and builds trust between businesses and society," she stated.

According to her, the platform really pulls out all the stops in fostering inclusivity and diversity, ensuring that every market player gets a fair shake.

"Creating such a platform requires joint efforts from the government, private sector, and society as a whole. However, the results can radically change not only the economic landscape but also everyday life, making the world fairer, greener, and more inclusive," she added.

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