The Center for Climate Change, Natural Resources and Energy of the University of Donja Gorica, AvantGarde Group and E3 Consulting Montenegro today signed a Memorandum of Cooperation in the field of ESG principles in corporate business and decarbonization.
The memorandum emphasizes the importance of introducing the concept of social responsibility in the sphere of corporate business, carbon neutrality, incorporating ESG principles into the framework of business and making investment decisions, and that their application can create unique opportunities and competitive advantages for companies that seriously understand the issue of climate change and proactively promote carbon neutrality.
The advantages of applying ESG principles are: creating new value for customers, increasing company capitalization, reducing energy costs, increasing the competitiveness of products and services, access to “green” capital and attracting “green” investments, increasing social responsibility of business and employee motivation, as well as attracting and retaining the best staff, speeding up the EU accession process.
This Memorandum is one of the indicators and proofs of the dedicated work of the Center for Climate Change, Natural Resources and Energy of the University of Donja Gorica towards the improvement, preservation and promotion of the environment and natural resources, as well as the fight against climate change in Montenegro.
