Let’s Peek: Cannabis Company ESG Report

What’s happening? Colombian-Canadian cannabis firm Khiron Life Sciences Corp released its inaugural ESG report that highlights its diversity wage parity, solar energy purchases, COVID donations, use of local suppliers, and support its culture of innovation

Why is this important? The ESG report not only focuses on the company’s internal sustainability but also for the supply chain

How will this be important? “RBC Global Asset Managements’ Responsible Investment Survey 2019, 70% of institutional investors surveyed use ESG principles when they invest. The top 3 reasons to apply ESG principles when investing were cited as (1) lower risks, (2) improved returns, and (3) acting in clients’ interests.”

Finance Columbia | Cannabis Producer Khiron Issues First Environmental, Social & Governance (ESG) Report