If you want to be successful today, your business must put focus on sustainability. Sustainability is aimed at ensuring organizations engage in activities that do not cause harm to the planet. At the corporate level, this is achieved through ESG sustainability reporting.
By bringing together environmental, social, and governance considerations, it means that your company must be holistic in its approach to promoting sustainability. This also means that you are free to select the activities for sustainability. In this post, we highlight some of the best social reporting topics for sustainability.
Staff Training and Welfare Programs
Sustainability has to start from somewhere, and for your company, this means your staff. Employees are very important because they are responsible for implementing the ESG policies passed by the board. If you want to cut down power bills, your staff will come in handy to take the simple and highly effective strategies, such as turning off lamps when not in use. Therefore, your social focus should start with your staff, and here are some unique activities:
- Good remuneration for motivation.
- Offering a clear path for career growth.
- Extending medical cover to their dependents, such as kids and spouses.
- Staff training to build their skills in their areas of specialization.
Supporting Social Equity Policies in Society
Whether your company is located in Hong Kong or New York, seeing other persons in different parts of the world suffer for lack of equity can be disturbing. This might be of greater concern, especially if the company is targeting the region for customers or supply of raw materials. Therefore, you can help to support courses for social justice in such communities. You can do this in a number of ways:
- Supporting government initiatives that focus on social justice.
- Promoting the development of social-equity-related policies and legislations.
- Funding international communities that support social justice in the targeted areas.
Remember that even with these efforts, the results should be accurate and verifiable. Therefore, you should do due diligence to ensure that only the initiatives that are generating results are supported. This is the data that your stakeholders want to see in the ESG sustainability report.
Empowerment Programs for Less Privileged Communities
Recently, communities appealing for assistance because of one reason or another have increased. The most common reason for this is drought caused by extended dry spells that are linked to global warming. War and disasters can also devastate communities, and we should not turn to the other side. Therefore, you might want to target such groups in your ESG sustainability reporting efforts.
Communities that have been ravaged by war and hunger in the recent past are Ethiopians because of the recent war in the Tigray region and Afghans following the government takeover by the Taliban. Make sure that the support you provide reaches the targeted vulnerable populations.
Supporting Health Research Programs
When the COVID-19 pandemic struck in 2020, it caused anguish and suffering in all societies. As a way of preventing such suffering, you can support related medical programs to help prevent future pandemics. At the moment, your effort could be directed at helping extend the reach of the vaccines to the communities yet to get vaccinated.
Your ESG sustainability reporting efforts should be aimed at making the world a better place for all. To gather the right data and create reports that will win you the affection of stakeholders, make sure to have an expert on your side and select a good ESG reporting framework. You should also work with the right sustainability reporting software, and Diginex.com has the best.