Why should we implement ESG initiatives

Why should we implement ESG initiatives

Under EU Regulations, ESG (Environmental, Social, and Governance) is becoming codified in Ireland this year so companies must give this serious consideration. Implementing ESG initiatives is crucial for businesses, organizations, and society as a whole for several reasons:

Environmental benefits: ESG initiatives can help reduce the negative impact that businesses have on the environment. For example, reducing energy and water consumption, minimizing waste, and adopting sustainable production practices can help businesses reduce their carbon footprint and mitigate their impact on natural resources.

GreenTech Hub, Wexford announces official partnership with AIB

GreenTech Hub, Wexford announces official partnership with AIB

AIB to sponsor GreenTechHQ in Enniscorthy

 

We were delighted to host AIB for the announcement of GreentechHQ and AIB official partnership. Support of this kind is of immense importance and will allow #GreenTechHQ support start-ups, scale ups and companies who aim to develop sustainable solutions through technology, brands and services via our centralised innovation hub in the South East.

As Ireland’s largest financial services provider with 3.2 million customers, AIB seeks to be a driving force for the sustainability agenda in Ireland, supporting customers and communities to make the transition to a low carbon economy.

The partnership will help GreenTechHQ support hundreds of businesses with collaborative workspaces, events, programs, investment, mentoring and support services in thought leadership, communication, innovation, training, incubation and pilot projects.

GreenTechHQ head of Sustainabilty & ESG, Rita Martin said “our aim is for GreenTechHQ to be recognised as a world-class ecosystem for companies and communities who want access to a leading-edge knowledge eco system, global connections and product solutions support, to make a genuine impact in addressing climate change. We want to rapidly increase access to inspiring, affordable, and relevant sustainability training for businesses and are delighted that our partnership with AIB will provide us with support to do that as we seek to help businesses transition to a low carbon economy.”

AIB’s Head of Business Banking, Pat Horgan said “as Ireland’s biggest bank, we continue to play our part as a sustainability leader to ensure a greener tomorrow by backing those building it today. Supporting our customers to lower their carbon footprint is a key priority for AIB and our partnership with the GreenTechHQ sustainability and innovation hub will help to support businesses that are directly focused on tackling climate change.”