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Proper Collaboration between Social Impact and ESG in Long-term Care
Published:
December 1, 2023
https://doi.org/10.47225/
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Zsarnoczky, M. (2023). Proper Collaboration between Social Impact and ESG in Long-term Care. Hungarian Gerontology, 15(Kulonszam), 51-52. https://doi.org/10.47225/
Abstract
New terminologies induce new solutions that affect long-term care actors. ESG (Environmental, Social, and Governance) provides globally new standards that stakeholders use to measure their impact on society and the environment. In this changing environment, long-term care facilities are no exception as well in this process. Social impact is one of the three pillars of ESG and refers to the positive or negative effects that a company's activity has on society affects the term of the social responsibility.