5 ESG New Year’s Resolutions for Companies in 2023

As we look forward to 2023, it’s important for companies to consider their environmental, social, and governance (ESG) commitments. Transparency is a giga-trend with enormous power that is shaping the values and practices a company operates and impacts the world around it. It’s the perfect time to set some new ESG goals and resolutions. Here are 5 New Year’s resolutions that companies can adopt in 2023 to make a positive ESG impact:

1. Prioritize sustainability

Many companies have already made commitments to become more sustainable, but it’s important to continually assess and improve upon these efforts. This can include reducing greenhouse gas emissions, using renewable energy, and implementing more environmentally friendly practices in all aspects of the business.

2. Foster diversity and inclusion

Companies can make a conscious effort to create a diverse and inclusive work environment, including implementing policies that promote equal opportunities and addressing any biases or discrimination within the company.

Photo by Christina @ wocintechchat.com, cover image by Adnan Mistry

3. Promote ethical behavior

Companies can ensure that they are operating in an ethical manner by implementing strong codes of conduct and enforcing these standards across the organization. This includes addressing any unethical behavior or practices and holding those responsible accountable.

4. Support local communities

Companies can give back to their local communities by supporting local non-profits and implementing programs that benefit the community. This can include providing job training, supporting local small businesses, and participating in community events.

Photo by Hannah Busing

5. Communicate your ESG Impact

Companies communicating their ESG (environmental, social, and governance) commitment can increase transparency and trust in their brands. This can also help to enhance the credibility and effectiveness of their ESG communication, as investors and customers will be more likely to trust and support companies and brands that are transparent and responsive to their concerns. it also allows stakeholders, such as investors and consumers, to understand the company’s values and commitment to sustainability. 

Make 2023 a more sustainable year

As we look towards the future and set our resolutions for 2023, it’s important to remember that ESG practices are not just a trendy topic for the year, but a long-term commitment to sustainability and social responsibility. Remember, setting goals for the new year requires baby steps to be successful just like the annual commitment to lose weight. You can’t run miles unless you start walking first. The clearESG product is priced to allow you to start your sustainability journey on the blockchain for as little as $50/mth USD and build your inner strengths from there.

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Photo by Kelly Sikkema

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