Very present in the corporate world, ESG is an acronym originating from the English language that means Environment, Social and Governance. In Portuguese, it is as “Environmental, social and corporate governance. The concept is focused on a set of practices to within the company aiming at good attitudes regarding environmental, social and corporate governance criteria.
Through ESG, it is possible to know whether a company is sustainable, socially conscious and correctly managed in its work environment. In addition, it can be as a competitive advantage, attracting more customers , employees and even investors.
As an acronym that encompasses many actions, ESG is also involved with privacy and the protection of personal data.
Relationship between ESG and privacy and personal data
We can take the “S” for social and the “G” for governance from the acronym and foster a relationship between ESG and privacy and the overseas data of personal data. First, in order to contextualize, the company’s social aspects include: the defense of human rights, diversity, inclusion, combating prejudice, respect for labor laws, data processing and privacy, among other issues that support fair treatment in the company-worker-client relationship.
By creating a thriving environment where workers are not mentally, productivity increases. In addition, they have a desire to continue working.
Now, when we talk about governance
We can mention some of its qualities. That is, compliance with laws within the work environment, risk management, fiscal responsibility, adoption of good practices, following ethical processes, etc.
Compliance with the LGPD is an obligation for companies that control personal data. In other words, it involves adopting a transparent job trends and talent attraction features policy, citing all of its legal principles. Examples include purpose, free access, security, prevention, data quality, among others.
All of the above issues generate greater customer trust, as long as they are in fact and followed firmly. The same process occurs in the company’s ethics. In other words, ensuring that professionals act in good faith and understand the risks of the matter is an issue to on in the social relationship.
ESG monitoring as a competitive advantage
For this to happen in the best bgb directory way, it is common for companies to look for tools and/or qualified professionals to help implement adequate governance focused on privacy and the protection of personal data.