- July 21, 2022
- Posted by: Capital Concept
- Category: Featured
The Lebanon ESG Stewardship Program, in partnership with the United States Agency for International Development (USAID), was launched in February 2022. On April 13, 2022, Lebanese industry leaders and USAID representatives gathered for the launch event of the groundbreaking program. The goal is to put Capital Concept’s assessment methodologies at the disposal of 100 Lebanese companies, free of charge. The implementation and certification of ESG criteria are the most effective ways firms can preserve and grow their value.
With Lebanon going through one of the worst financial crises in modern history, local businesses are confronted with an increasing need to become environmentally responsible, socially sustainable, and under a robust governance framework. In doing so, they will become open to new market opportunities and more attractive to foreign investors – resulting in an expansion of their activities outside of Lebanon.