The concept of sustainability was first used in the “Brundtland Report” prepared by the United Nations World Commission on Environment and Development in 1987. In the Brundtland Report, named after Gro Harlem Brundtland, former Prime Minister of Norway, who was the President of the World Commission on Environment and Development, the concept of sustainability was defined as “development that meets the needs of today without compromising the ability of future generations to meet their needs”. The main feature of this concept, which is used in many different fields, is to protect the needs of future generations while meeting the needs of today.

A company’s ESG performance is a guideline for the company since a company’s ESG performance and its presentation/disclosure of transparent, accurate and comparable non-financial information enable the company’s environmental, social and governance practices to be analysed and an assessment to be made on the performance and potentials of the company in question. A good ESG management of the company will lead to a good ESG score, which in turn will make it easier for companies to receive investments.