Business
LHGI intends to expand its acquisition with revenue generating companies in ESG Sectors in 2020.
LHGI intends to expand its acquisition with revenue generating companies in ESG Sectors in 2020..
About this update from Lighthouse Global Holdings Inc.
[{"type":"text","content":"Lighthouse Global Holdings, Inc (LHGI) announces intention to expand its acquisition and/or Joint Ventures with revenue generating companies in the ESG sectors in 2020.LIGHTHOUSE GLOBAL HOLDINGS, INC. (Ticker: LHGI), a Holdings Company for Tech Start-ups, is set to expand its acquisition target to include a range of revenue generating companies that have impact on the ESG (Environmental, Social, Governance) sectors.April 15, 2020, NV: The Covid-19 pandemic has caused millions to suffer and hundreds of thousands of companies around the world to face financial difficulties, except for some sectors. These sectors continue to grow and in fact, became more essential than ever. LHGI seems favored to be able to chance upon such opportunities.“ESG Investing has gone from marginal to mainstream. The pace of change is accelerating. More and more investors are asking for new sustainably investing strategies. Most companies that we came across, in one way or another, have integrated values that will likely have an impact on the environment, social and governance aspects. We want to share the vision with them. We want to support companies who innovate or invent a product or service that embraces ESG as a factor and have an impact to the world we live in.” says Danny Lim.“Henceforth, we shall begin our 2nd Quarter 2020 with an inclusion of our next phase of portfolio acquisition.” added Danny.The awareness of the ESG investing is on the rise. With younger and socially conscious investors picking on companies who are socially responsible and care for the environment, and display transparency on companies' management and accounting.To demystify ESG, let us break down the acronym:Environmental - the environmental factor simply illustrate a company's impact on the world environment, climate changes, carbon footprint, water usage, waste, renewable energy, green technologies or products that are eco-friendly.Social – having a social impact not only for good treatment for employees and ethical supply chain sourcing, but also the social justice issues; like the under priviledge, the disadvantaged and consumers.Governance – Corporate governance issues matters to investors and shareholders. Especially when it comes to executive compensation, director appointments and shareholder proposals. As long as they are transparent in communicating with sharehold...