Environmental and social management (ESMS) in a company is not just a set of documents. Maintaining an effective system is a dynamic and continuous process that must be initiated by the company's management, and involves interaction between the company, its employees, local communities, and other stakeholders who are directly affected by the company's activities. Based on the “plan-do-check-act” cycle, ESMS provides a structured approach to managing environmental and social issues in the company on an ongoing basis. A well-established system of environmental and social management improves the financial, social, and environmental results of business efficiency.