Translation for ESG

As more companies set out to meet ESG (Environmental, Social, and Governance) benchmarks, localization and translation for ESG have become a priority for companies looking to build sustainable growth across international markets. ESG is named for its three benchmarks, whose metrics inform a business’s overall score and offer a data-driven reflection of the company’s values and impact. “Environmental” covers all aspects of making a company – and industry – greener, and this can be done by a company lowering its carbon footprint or more conscientiously disposing of waste, among others. “Social” refers to a company’s social impact, both public-facing and not, emphasizing diversity and inclusion in the composition of the staff and the good work the company may do within the communities they are based in, such as charitable giving or volunteering. “Governance” is a direct reflection of the qualities of the company’s leadership. It can be seen as a composite of the previous concepts as applied to the board rather than the organization as a whole – are they committed to putting those two prior attributes into practice?

An outside organization, such as Bloomberg or the S&P Dow Jones Indices, typically conducts the ESG rating process for companies looking to better understand their impact. It acts similarly to an audit, with a firm evaluating requested data and generating a score on (normally) out of 100 points from that dataset. Investors then use this score to decide whether to fund or buy stocks or equity in a prospective investment. In short, ESG allows investors and companies to work toward a more ethical and sustainable economy. Trillions of dollars have been invested in companies with high ESG scores, and ESG exchange-traded funds (ETFs) have become a popular investment in the modern stock market. This is where the money is, and more companies focus on improving their ESG scores to attract investor interest with each passing day.

With our global network of linguists and subject-matter experts, CSOFT can help companies increase their ESG scores by ensuring that your messages and communications retain their intended meaning across borders. From ensuring that environmental regulations are adhered to in every country in which a company is based to promoting inclusion through thoroughly translating and localizing marketing materials to reach diverse segments of any community better, CSOFT can help you and your would-be investors on the path to a more sustainable and more inclusive tomorrow.