Meaning ● ESG in SMBs defines the integration of Environmental, Social, and Governance factors into a small or medium-sized business’s core operations and strategic decision-making. ● In the context of SMB growth, implementing ESG principles can attract socially conscious investors and customers, boosting long-term financial performance. ● When considering automation, SMBs must evaluate the environmental impact of new technologies, ensuring energy efficiency and waste reduction, while automation’s social implications, such as workforce training and job displacement, also require careful thought.
