What is ESG?

“ESG (Environmental, Social, and Governance) is no longer just about a philanthropic desire to do good and be a good corporate citizen. It heavily influences the way that investors, customers, and potential hires look at us as well.” - McKinsey quote of the day

ESG represents a more stakeholder-centric approach to doing business. It is set on the principle that the environment is only one factor in determining an organization's commitment to sustainability.

IKEA is a multinational group of companies which is founded in Sweden and it sells ready-to-assemble furniture, kitchenware and home accessories. IKEA is setting an example for companies everywhere with its commitment to recyclable materials, renewable energy and the well -being of its employees. Since the launch of its People & Planet Positive program in 2012, IKEA has grown into the third most globally recognized leader in environmental sustainability and social responsibility.

LEGO, a plastic building-block toy company rose to massive popularity in the mid-20th century and has been one of the most successful game brands in marketing history. LEGO Group is on a mission to inspire and develop the builders of tomorrow. Their most well-known product to do so is the LEGO® brick - an amazing play system for both kids and adults. At the LEGO Group, they are playing their part in building a sustainable future and creating a better world for children to inherit. Their sustainability strategy covers the impact areas: children, environment and the people.