How employee health and well-being fit into the ESG wheelhouse
Even before the pandemic, the Centers for Disease Control and Prevention (CDC) and the World Health Organization (WHO) recognized the workplace as a means to create health. According to “Happiness at Work” by Jessica Pryce-Jones, the average American spends 90,000 hours at work over their lifetime, and the culture and environment in which this work takes place — whether at the job site, in an office, outside or a remote location — offers a powerful lever for promoting and sustaining population health.
One of the easiest ways to understand workforce health and well-being is to examine the private sector’s role in addressing the social determinants of health (SDoH), the economic and social conditions that influence individual and group differences in health status. Read more
Inside ESG: Is the $1.7tn wave of sustainable investing hope or hype?
When Tariq Fancy joined BlackRock as its first chief investment officer for sustainable investing in 2018, he was convinced that with companies around the world, including the world’s biggest asset manager, embracing environmental, social and governance (ESG) causes, the stage was set to reform capitalism. As a former Wall Street banker, he’d been hired by Blackrock after setting up his own digital learning non-profit group in Canada. But just two years after joining Blackrock, he left his job. So what went wrong?Read more
Interest in sustainable investing on the rise in UAE, survey finds
People’s financial priorities have been reassessed as a result of the Covid-19 epidemic. Investments in assets that are considered responsible from an environmental, social, or governance (ESG) standpoint are becoming increasingly popular.
By the end of June, the combined assets of funds focused on ESG problems had risen to $2.3 trillion. According to statistics provider Morningstar, this was the fifth straight quarter of increase, up 12% from the end of March. Read more
key signs of business change every leader should be ready for in 2021
The globe is currently emerging from a crisis unlike any other in human history, but with this setback comes a slew of new chances. The epidemic prompted the rethinking of corporate paradigms, the reorganisation of supply systems, and a slew of scientific advancements. Organizations have been altered practically overnight as leaders have discovered new ways to boost productivity .Businesses that will achieve long-term success after the pandemic will build on this momentum, accelerate hitherto untapped innovation, and optimise for a new global reality. Read more
