An interesting article on employers and ESG obligations by the Irish Times.
All employers in Ireland have ESG obligations and a strategy based on alignment with UN sustainability goals makes sense and creates a clear road map for tackling environmental impact.
The United Nations’ 17 Sustainable Development Goals (SDGs), agreed upon by all UN member states, are designed to address some of the world’s most urgent sustainability challenges. Using the 17 goals as a way of benchmarking your ESG policy is a very effective way of creating well round policy.
Holistic approach to ESG policies:
- Every business or asset is different and an ESG strategy must be bespoke if it is to be effective.
- Establish your goals and desired outcomes.
- Engage with all stakeholders.
- Carry out a costing report.
- Appoint a ESG team lead or champion within your business.
- Certifications ensure showcase accountability.
- Include your supply in all ESG policies.
- Strategies need to evolve to all aspects of ESG and business operations.