The consolidation of Environmental, Social, and Governance (ESG) within the financial statements and reporting aids in the disclosure of data points covering the organization’s operations and processes. This also provides a snapshot of the business’ impact within the investment and decision-making areas for investors. Investment into ESG in the POS industry could be witnessed to have skyrocketed during the COVID-19 pandemic, with the global transition from the coin & paper-based payments to digital transactions. Why is it important to have ESG? The abbreviation ESG stands for environmental, social and corporate governance. It is a measurement that takes into account a company's social and environmental impact on the global community. It brings awareness to the different climate issues that are occurring and encourages businesses to adopt practices and policies that are better for the environment. ESG not only helps businesses by attracting a more diverse workforce to bring in new ideas, but it also helps businesses have a greater positive impact on our world. Read More @ https://astra.grandviewresearch.com/point-of-sale-software-industry-esg-outlook