Employers have continued to increase the role of environmental, social and governance (ESG) measures in executive pay and incentive programmes, across markets according to a global study by Willis Towers Watson (WTW). The global advisory firm surveyed 1,146 firms listed in nine major European indices, 500 US employers, 60 in Canada and 352 across seven […]
How far do your employer’s values and ethics align with your own? And to what extent does this consideration influence your decision to accept a role with an organisation? Research published this week by recruitment firm Resource Solutions found more than a third (39%) of respondents over the age of 55 would turn down an […]
At a time when the cost-of-living crisis means higher pay is a focus for many employees, it is testament to the ever-increasing focus on sustainability that nearly half (48%) of employees hailing from generation Z say they would consider leaving a job if their employer did not demonstrate action on environmental issues. According to Bupa’s […]
Environmental, Social, and Governance (ESG) is a hot topic on everybody’s tongue; from employers to employees, stakeholders to investors, ESG is key to snagging the most conscious investors, promoting strong organisation identity, and attracting and retaining the best talent. In 2023, the ‘S’ in ESG will be bigger than ever, and there’s never been a […]
CSR (Corporate Social Responsibility) and ESG (Environmental, Social, and Governance) are two acronyms that are thrown around pretty candidly these days. You may have heard one (or both) crop up in conversations around the workplace as organisations think about how they can incorporate sustainability into their practices.The question remains: what on earth is the difference […]
As the focus on sustainability, equality and diversity grows – so does the need for businesses to demonstrate their commitment to Environment, Social and Governance (ESG) initiatives. This has not only become an increasing factor in driving the financial success of businesses, but it’s now essential for many staff to have an employer that is […]
Poor mental health can negatively impact the workplace, costing UK businesses up to £45 billion every single year (Deloitte). HR teams have the opportunity to use companies’ ESG agendas to improve employee wellbeing and act on social and environmental issues simultaneously. The Link Between ESG Initiatives And Employee Wellbeing Simply put, doing good makes you […]
Research has shown that better ESG scores translate to around a 10% lower cost of capital, according to McKinsey. Around 70% of the more than 2,000 studies conducted on the topic show a positive relationship between ESG scores and financial returns. So, what is ESG? Why is it so important? And what role does HR […]
Only a quarter (23%) of employees are aware of environmental, social and governance (ESG) options when it comes to their workplace pension, according to research from employee benefits, wellness and financial education provider Secondsight. In the report, Workplace pensions and ESG, 60% admitted they did not know what ESG investing was; however, after being given […]
Thanks to automatic enrolment the staff pension scheme is now ubiquitous and employee awareness of the need to save is high. Employees know they’ll receive at least a minimum contribution paid into their workplace scheme. Many employees might understand that the minimum is unlikely to be enough, and value the additional contributions offered by employers […]
Environmental, social and governance (ESG) considerations underpin the decisions and behaviour of a business. Employees want to see ESG in action and employers will need to take steps to address ESG if they want to attract and retain the best talent in the future. The way businesses operate in practice has a huge impact on […]
Need to know: Environmental, social and governance (ESG) issues are influencing employee benefit design through the emergence of new benefits and the repositioning of existing ones to highlight their ESG-related characteristics. The use of online apps that provide insight into how pension funds are invested help provide feedback to employers on what is important to […]