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(GRYN) to Become First Hemp Company to Develop ESG Report Using SASB Framework</span></span></div> <article id="post-37580" class="post-37580 post type-post status-publish format-standard hentry category-uncategorized"> <header class="entry-header"> <h1 class="entry-title">Green Hygienics Holdings Inc. (GRYN) to Become First Hemp Company to Develop ESG Report Using SASB Framework</h1> <p class="article-date">July 29, 2021</p> </header> <div class="ad-leader"></div> <div class="single-article-left"> <div class="entry-content"> <p></p> <ul> <li>The company plans to incorporate systemic environmental, social, and governance (“ESG”) factors into business planning and investment decision-making</li> <li>The initial Sustainability Accounting Standards Board (“SASB”) report has been completed, and sustainability consulting firm KERMIDA Inc. is currently organizing the data compiled by Green Hygienics</li> <li>An ESG program can significantly benefit companies in the industry, from drawing in more investors to winning new business, gaining better talent and improving media coverage</li> <li>The industrial hemp market size is expected to reach $15.26 billion by 2027 due to the rising demand for food, supplements, cosmetics, and personal care items</li> </ul> <p> </p> <p><a href="https://www.investorbrandnetwork.com/clients/green-hygienics-holdings-inc/" target="_blank" rel="noreferrer noopener">Green Hygienics Holdings (OTCQB: GRYN)</a>, a California-based innovative and tech-based enterprise that is focused on the high cultivation standards, processing, and manufacturing of industrial hemp for pharmaceutical-grade bioactive cannabinoids, is enhancing its corporate responsibility and sustainability goals to empower environmental progress. The company plans to incorporate systemic environmental, social, and governance (“ESG”) factors into business planning and investment decision-making.</p> <p> </p> <p>With the help of KERAMIDA Inc., a premier sustainability consulting firm, Green Hygienics is developing a Sustainability and ESG report using the Sustainability Accounting Standards Board (“SASB”) framework, maintained by the Value Reporting Foundation. Sustainability and ESG are an integral part of the Company’s value system and are committed to driving sustainability by becoming a more effective corporate citizen.</p> <p> </p> <p>Green Hygienics is the first industrial hemp company to undertake a Sustainability and ESG report. The company is getting ahead of the government’s push to require ESG metrics measurement and reporting. Investors are also pressuring companies to measure, benchmark, and report ESG metrics. These investors pay a premium on companies that develop strong ESG policies. These are the companies that are seeing better valuations and market performance.</p> <p> </p> <p>According to a Hemp Industry Daily report, companies of all sizes in the industry can realize significant benefits from developing a corporate responsibility program, including (<a href="https://cnw.fm/T1z8I" target="_blank" rel="noreferrer noopener">https://cnw.fm/T1z8I</a>):</p> <p> </p> <ul> <li>Winning new business and increasing customer retention</li> <li>Attracting talent and maintaining an exuberant workforce</li> <li>Positive media</li> <li>Differentiation from competitors</li> <li>Saving money on energy and operating costs</li> </ul> <p> </p> <p>ESG goals are achievable by any firm by breaking down the concept into different components:</p> <p> </p> <ul> <li>Environmental impact – covering everything from a company’s greenhouse gas emissions to resource depletion, nature conservation, waste, and pollution.</li> <li>Social impact – including a firm’s working conditions, employee relations, health, and safety. It also includes a firm’s interaction with local and indigenous communities.</li> <li>Governance – consisting of the structures within a company, like the board of directors, diversity, pay equity, political lobbying, tax strategy, supply chain policies, and executive pay.</li> </ul> <p> </p> <p>ESG is the measurement of all these different aspects, benchmarking them, and reporting them.</p> <p> </p> <p>Green Hygienics is positioned to deliver a secure supply chain solution and product efficacy to a range of industry customers and leverage the strategic advantages within its own consumer brand portfolio, securing a strong position in the expanding hemp market. The size of the industrial hemp sector is expected to reach $15.26 billion by 2027, expanding at a CAGR of 15.8% over the forecast period. In North America, the market is expected to expand by a CAGR of 20.4% from 2020 to 2027 due to the rising demand for food, supplements, cosmetics, and personal care items (<a href="https://cnw.fm/j1xXX" target="_blank" rel="noreferrer noopener">https://cnw.fm/j1xXX</a>).</p> <p> </p> <p>Developing an ESG program is likely to further cement Green Hygienics’ position in the market, as well as influence positive investor interest and growth opportunities. The company has already finished its SASB Report process and is now interviewing and collecting data from utilities, while also organizing the related data for the KERMIDA Inc. team. Green Hygienics hopes to create the final ESG report in about a month.</p> <p> </p> <p>For more information, visit the company’s website at <a href="http://www.greenhygienics.com/" target="_blank" rel="noreferrer noopener">www.GreenHygienics.com</a>.</p> <p> </p> <p><strong>NOTE TO INVESTORS:</strong> The latest news and updates relating to GRYN are available in the company’s newsroom at <a href="http://cnw.fm/GRYN" target="_blank" rel="noreferrer noopener">http://cnw.fm/GRYN</a></p> <p><strong>About CannabisNewsWire</strong></p> <p>CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) <a href="http://www.cannabisnewsbreaks.com/" target="_blank" rel="noopener noreferrer">CannabisNewsBreaks</a> that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.</p> <p>To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)</p> <p>For more information please visit <a href="https://www.cannabisnewswire.com/" target="_blank" rel="noopener noreferrer">https://www.cannabisnewswire.com</a></p> <p>Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: <a href="http://cnw.fm/Disclaimer" target="_blank" rel="noopener noreferrer">http://CNW.fm/Disclaimer</a></p> <p>Do you have questions or are you interested in working with CNW? <a href="mailto:Editor@CannabisNewsWire.com?subject=Ask%20Our%20Editor">Ask our Editor</a></p> <p>CannabisNewsWire (CNW)<br />Denver, Colorado<br /><a href="http://www.cannabisnewswire.com/" target="_blank" rel="noopener noreferrer">www.cannabisnewswire.com</a><br />303.498.7722 Office<br /><a href="mailto:Editor@CannabisNewsWire.com">Editor@CannabisNewsWire.com</a></p> <p>CannabisNewsWire is part of the <a href="https://www.investorbrandnetwork.com" target="_blank" rel="noopener noreferrer">InvestorBrandNetwork</a>.</p> <p></p> </div> <nav class="navigation post-navigation" aria-label="Posts"> <h2 class="screen-reader-text">Post navigation</h2> <div class="nav-links"><div class="nav-previous"><a href="https://www.cannabisnewswire.com/420-with-cnw-cannabis-drinks-what-you-should-know/" rel="prev"><span class="meta-nav" aria-hidden="true">Previous</span> <span class="screen-reader-text">Previous post:</span> <span class="post-title">420 with CNW — Cannabis Drinks: What You Should Know</span></a></div><div class="nav-next"><a href="https://www.cannabisnewswire.com/ryah-group-inc-cse-ryah-globally-unlocking-data-in-the-complete-therapeutic-plant-lifecycle/" rel="next"><span class="meta-nav" aria-hidden="true">Next</span> <span class="screen-reader-text">Next post:</span> <span class="post-title">RYAH Group Inc. 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