Informational ESG - Environment, Social & Governance issues gaining ground in the Business World

Sidney Vianna

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Staff member
Admin
#1
ESG issues are gaining a lot of ground in the corporate world. Issues such as sustainable financing and sustainability reports are occupying time and space in the boardroom.

What are Covers seeing concerning this in your own organizations?
 
Elsmar Forum Sponsor
#2
this is a question that I cannot answer. CSR/SD might be part of the routing jobs of the board. If you don't agree to take this work as part of routine work, then trouble comes. The goals of the board might have changed already, not only on economic indicates...
 

John Broomfield

Staff member
Super Moderator
#3
It’s good for us to have the opportunity to help our chief execs to assure the quality of our organization’s fulfillment of its social responsibilities.

Most of us would do this by further developing our management systems.
 

gpainter

Quite Involved in Discussions
#4
I went from Quality/ISO to Director of Sustainability. People/Planet/ Profit or Social/ Environmental/ Economic. There is a BIFMA Level Standard that deals with it. Big with the A & D community. Getting ready to host a seminar on supply chain diversity. If you make a product you are probably dealing with it. How does your product and process affect planet Earth and its stakeholders from cradle to grave, hopefully no grave! DEI is a big part of the overall equation
 

Sidney Vianna

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Admin
#5
There is a BIFMA Level Standard that deals with it.
Isn't that specifically for the Furniture Supply Chain? From https://www.bifma.org/page/level

LEVEL® is the third-party certification program for the furniture industry's multi-attribute, sustainability standard. The ANSI/BIFMA e3 Furniture Sustainability Standard was created to deliver an open and holistic means of evaluating and communicating the environmental and social impacts of furniture products in the built environment.

Taking into account a product's environmental impacts (materials selected, energy usage, etc.), health and wellness impacts, and a company's social actions among numerous other impacts, LEVEL addresses how a product is sustainable from multiple perspectives.
 

gpainter

Quite Involved in Discussions
#6
e3 is for furniture but you can virtually any product in and use it. e3 is the standard and Level is the certification scheme.
 

Valli

Involved In Discussions
#7
ESG issues are gaining a lot of ground in the corporate world. Issues such as sustainable financing and sustainability reports are occupying time and space in the boardroom.

What are Covers seeing concerning this in your own organizations?
Hi,

Even I am looking for some insight and learn from implementation experience and challenges overcome by others in his group.
 

gpainter

Quite Involved in Discussions
#8
Start by listing what you are doing. Social areas are a good start. When i started in sustainability there was not a lot going on and each year it continues to grow and more are asking about it. What are you doing for the people (social), planet (environmental) and profit (economic) Many times the hard part is profit- this all has to be done at some sort of profit. Either cash and/or beneficial, think of it as a 3 legged stool- as a leg gets shorter or goes missing it becomes hard to use the stool
 

Mike S.

Happy to be Alive
Trusted Information Resource
#9
I've seen no change in the last 2 years at my company, and I have not seen our customers' supplier surveys addressing it, either.
 

Randy

Super Moderator
#10
This is what I guess is more of the reality with sustainability & social accountability in a lot of business environments....

Ferengi Rule of Acquisition "131. If it gets you profit, sell your own mother"

Profit will win out every time, nobody does anything to be awarded with nothing more than a warm fuzzy.
 
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