Financial Planning For Canadian Business Owners

Integrating ESG with Daniel Jacob | E093


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Jason talks ESG (Environmental, Social, Governance) with Daniel Jacob, Founder of Changing Habits Solutions; a market leading ESG Consultancy that helps businesses incorporate ESG and sustainability strategies into their business model.


Episode Highlights:

  • 0.57: Daniel says that they help companies integrate Environmental Social and Governance metrics into daily corporate operations and develop strategies to improve their ESG performance over time.
  • 3.01: The "E" in ESG stands for Environmental and it takes into account how a company uses natural resources, like water for example, as well as the impacts of its operations on the environment and the communities it operates in.
  • 10.44: Diversity, equity, and inclusion matrix are associated not only with the gender profile of the organization, but by category or by seniority within your organization, says Daniel. 
  • 13.07: Investors are increasingly looking to de-risk their portfolio and businesses developing more ESG practices typically means a better investment opportunity, says Daniel. 
  • 14.58: "For every risk there is an equal opportunity. If you take climate change as a risk perspective and start to assess, how can I reduce my emissions into carbon credit this is a potential revenue generating scheme"
  • 22.01: There are over 1000 different metrics or issues under ESG combined. You want to make sure that you focus on the top ten or twenty on which you can have a material impact, says Daniel. Daniel talks about how you establish and use ESG metrics and how they are different from any other business key performance indicators that they may utilize. 


3 Key Points:

  1. There are over 1000 different metrics or issues under ESG combined. You want to make sure that you focus on the top ten or twenty on which you can have a material impact, says Daniel.
  2. Daniel talks about how you establish and use ESG metrics and how they are different from any other business key performance indicators that they may utilize.
  3. Daniel talks about the actual net reciprocal benefit of ESG. He shares what is the feedback cycle on this underlying business metrics that really matter to business owners which is profitability, costs and revenue?


Tweetable Quotes:

  • "If you are going to do something about sustainability in your own company, your suppliers need to get to the same level as you." – Daniel. 
  • "We have been operating in a way that doesn't consider the environment. Sustainability includes our economy's long term ability to survive" – Daniel.
  • "As investors, we should be empowered with as much information as possible to make decisions for someone who might invest in." - Jason


Resources Mentioned:

  • LinkedIn – Jason Pereira's LinkedIn
  • LinkedIn - Daniel Jacob's LinkedIn
  • Website - Daniel Jacob
  • Visit Changing Habits: Changing Habits Solutions - ESG Consultants
  • Book A Free ESG Consultation: Calendly - Daniel Jacob


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Financial Planning For Canadian Business OwnersBy Jason Pereira


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