ESG is an important facet of any business, and social issues are a vital element here too.
By Su Duff, CEO, WorkEqual
ESG reporting has been added to the to-do lists of most businesses in recent years.
Referring to reporting on environmental, social and governance issues, this area focuses on the impact of an organisation’s operations and products on the wider world: the environment, public health and safety, and the wellbeing and quality of life of employees and the general public.
There are various reasons why ESG has gained prominence now. Shareholders are more focused on ethical investment. Companies are subject to more intense scrutiny from the media and their consumers and stakeholders. Organisations deemed to be ‘greenwashing’ are quickly blacklisted. And, probably most pertinently of all, there is a legislative incentive to prioritise ESG: in 2023, the…