MINSK, 16 November (BelTA) - The conference “Towards a Sustainable Future: ESG Challenge” will take place in Minsk on 22 November, BelTA learned from the press service of the Belarusian Economy Ministry.
The event will focus on a substantive discussion of the prospects of interaction between the state and national business in regulating the processes of assessing the corporate sector through environmental, social and governance factors, better known as ESG factors (environmental, social, governance).
The conference is expected to be attended by Deputy Head of the Belarus President Administration Maksim Yermolovich, First Deputy Prime Minister Nikolai Snopkov, Deputy Chairman of the Council of the Republic Valery Belsky, Economy Minister Aleksandr Chervyakov, heads of the state administration bodies, representatives of manufacturing business, expert community, and the banking sector.
Companies' activity in sustainable development is becoming increasingly important to many stakeholders. Along with financial results, investors and lenders analyze non-financial indicators to assess compliance with ESG standards. The Russian Federation, Middle East, South and Southeast Asian countries with which Belarus cooperates have legislation that regulates sustainable development issues. In these conditions, the state and business realize they need to make joint efforts in this direction.
“That is why the adaptation of ESG agenda to national priorities, consideration of ESG factors in the activities of companies, their participation in achieving sustainable development goals is a complex task that requires a systematic, consistent and coordinated approach to its solution, the first steps towards the elaboration of which, we hope, will be made during the conference,” the press service said.
Registration for participation is available at esg-day.by.