The incorporation of Environmental, Social, and Governance (ESG) factors along with financial reporting help in the investment and decision-making processes leading to responsible investing. Since 2013 the investment into ESG parameters has escalated; predominantly, the furniture sector has seen a rise in the adoption of distinct manufacturing products and services globally to support environmentally friendly approaches in recent times. 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/furniture-industry-esg-outlook