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COP29 hosts presentation of ESGhub.az platform (PHOTO)

GenevaTimes by GenevaTimes
November 16, 2024
in Europe
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COP29 hosts presentation of ESGhub.az platform (PHOTO)
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COP29 hosts presentation of ESGhub.az platform (PHOTO)

BAKU, Azerbaijan, November 17. On the sixth day
of COP29, the Blue Zone hosted a high-level roundtable as part of
Science, Technology, and Innovation/Digitalization Day. Organized
by the Ministry of Digital Development and Transport in
collaboration with the International Telecommunication Union, the
event featured the launch of ESGhub.az (https://esghub.az/) — an
online platform dedicated to promoting environmental, social, and
governance (ESG) practices and initiatives.

Vusal Shikhaliev, Head of the Secretariat for the Commission on
Business Environment and International Ratings and Chief of the
Economic Policy and Industrial Issues Department at the
Presidential Administration of Azerbaijan, highlighted a growing
global shift in how businesses and societies approach
sustainability and ethical values. He noted that challenges like
climate change, social inequality, sustainable financing, and
transparent governance are being addressed more comprehensively,
with ESG principles and accountability becoming increasingly
important.

ESG Hub Azerbaijan, developed by the Commission on Business
Environment and International Ratings and the Small and Medium
Business Development Agency (KOBIA), was created as part of a
public-private collaboration. Supported by partners such as MBA and
Azercell Telecom, the platform is designed to promote ESG awareness
and facilitate sustainable initiatives.




The presentation emphasized that ESG Hub is not just an
educational resource but also a networking platform that brings
together public and private sector efforts to advance ESG
practices. By enabling organizations to incorporate ESG values into
their operations, the platform supports long-term sustainable
development and contributes to a better future for coming
generations.

It was also highlighted that ESG Hub provides organizations with
extensive tools to seamlessly integrate ESG principles into their
daily activities and long-term strategies, driving a more
sustainable and responsible future.

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