Environmental, Social, and Governance (ESG) has become increasingly important to investors and consumers alike. There are many reasons from financial success to long-lasting positive change for social and environmental impacts. As is shown in a recent study by Ernst & Young, ESG is positively correlated with better risk management, improved corporate reputation, and increased innovation. This study has shown that companies with strong ESG performance achieved an average return on investment of 10.4% compared to 7.4% for those with weak ESG performance. (ESG, Ernst & Young).
Additionally, McKinsey & Company found that ESG-focused companies have lower volatility and higher risk-adjusted returns compared to their peers, making them more attractive investments.
Below represents a list of current ESG initiatives that Functional Brands Inc. is executing with a goal of expansion.
Below represents a list of current ESG initiatives that Functional Brands Inc. is executing with a goal of expansion.
Environmental. Recycle activities include, but not limited to the following:
– Recycle pallets
– Reuse packing materials to reduce waste
– Recycle print toners through various recycling programs
– Recycle glass and plastic through Oregon’s recycling plan through local water management company
– Utilized filtered drinking water to eliminate any plastic jug usage
Community Engagement
– Book donation to “Portland Books” program
– Cold weather holiday donation drive (clothes, gloves, etc.)
– Diversity, Inclusion, and Equity (D.I.E.). We employ individuals from Vietnam, El Salvador, Mexico, Ethiopia, Nicaragua, Micronesia, Mexico and the United States