ESG presentation
The ‘S’ in ESG gains currency
-Gender equality and human rights are benchmarkers for companies
-Inequality in wages lead to lesser economic output which can lower GDP by 10%-30%
-Gender equality needs to be larger than wage gap (maternity/paternity leave, career advancement, and go beyond legal minimums)
-Gender equality leads to outperforming competition
-COVID-19 has brought these social issues to light
Why Diversity and Inclusion Matters
The more diverse companies (gender and ethnic diversity) are now more likely than ever to outperform less diverse peers on profitability.
The common thread for these diverse companies is a systematic approach and bold steps to strengthen inclusion:
1)Ensure the representation of diverse talent.
2)Strengthen leadership accountability and capabilities for I&D.
3)Enable equality of opportunity through fairness and transparency.
4)Promote openness and tackle microaggressions.
5)Foster belonging through unequivocal support for multivariate diversity.
Cycle of Community Involvement
Cultivate Skills
Support Employees
Choose Programs
Understand Motivations
Cycle of Community Involvement
Communicate
Track Success
Accountability and Rewards
Including All
Perspectives
Boston College Center for Corporate Citizenship Findings
Employee participation in community involvement programs positively affected employee engagement
Universal Declaration of Human Rights
Universal Declaration of Human Rights | United Nations
Created just 3 years after the formation of the United Nations in 1945, the Universal Declaration of Human Rights was drafted by representatives around the world to ensure that atrocities similar to the second world war never happened again.
So, what does this have to do with ESG?
In direct relation to business for the public good...
Who is protected?