Wednesday, April 24, 2024
HomeWealth ManagementQuebec companies enhance borrowing functionality for downturn

Quebec companies enhance borrowing functionality for downturn


ESG targets

The Focus Québec report additionally checked out how – and whether or not – companies in Quebec are adopting sustainable practices.

Amongst small- and medium-sized companies, greater than half (56%) of respondents affirm that they haven’t but applied sustainability targets or insurance policies inside their organizations, though this has improved from final 12 months.

“The report reveals that there’s nonetheless work to be achieved by way of ESG, as greater than half of them haven’t but established sustainability targets,” stated Benoit Lacoste Bienvenue, Managing Associate in Quebec at KPMG in Canada. “Small- and medium-sized enterprises are gradual to implement ESG practices, significantly because of worsening financial circumstances. We consider that corporations demonstrating management on this regard will shortly stand out, significantly by way of employer branding, investor relations, and to distinguish themselves with main purchasers.”

 

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