ESG: Putting the social factor into leadership and global mobility
Organisations have embraced greener alternatives in their quest to improve their environmental credentials. The social and governance aspects, however, have received less attention. Dr Sue Shortland explains some of the actions employers might take to address social issues to provide a more comprehensive approach to meeting ESG objectives.
E nvironmental, social
and governance (ESG) issues have become high profile matters in recent
years. One of the key concerns that has captured organisational attention and imagination is how global mobility can become more environmentally sustainable. Companies have increasingly
begun to embrace this aspect across a wide range of policy areas. So, for example, their focus has been on actions that can be taken for a greener approach to travel, housing, furnishings, and supporting employees financially on aspects such as utilities and cost of living.
Yet, perhaps surprisingly, less
emphasis seems to have been placed on the social and governance aspects within ESG. It is important to remember that these three ESG pillars support
each other and
companies looking to improve their employer brand as well as contribute positively to a better society will need to focus on social and governance issues as well as improving their environmental credentials.
DE & I ACTIONS With respect to the social pillar, organisations can focus here on diversity, equity and inclusion (DE & I) objectives. This is beginning to extend beyond the traditional
general organisational remit into the global mobility domain – the latter being a business area that has traditionally moved a relatively homogenous population. To attract and address greater diversity within the international sphere, organisations have begun to modify their assignment approaches and supporting policies, thereby aligning these with organisational objectives to improve DE & I. Organisations need to consider
practical steps not only to widen their diversity, but also to ensure equity and inclusion once more diverse candidates are on board. The main focus that global mobility professionals appear to be taking
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THINK GLOBAL PEOPLE ES G
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