The increase in need of infrastructural support such as water sanitation, waste management, roads and traffic management in the urban areas due to globalization has led to the evolution of the smart city market. The need for quality of life, which includes the ease of mobility, access to essential services such as health care and safety and environmental quality are the core factors that impact the smart cities industry. It can be noted that the aforementioned aspects can be achieved through proper planning and governance only.
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.
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