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Showing posts with the label ESG

ESG and DEI: Managing Competing Reporting Obligations in the U.S. and Internationally

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President Trump’s recent executive orders call for the elimination and, in some cases, requisite penalties for certain DEI initiatives and the data collection and reporting that accompanies them. In addition to raising questions about company culture, these orders may conflict with the mandates of the EU’s Corporate Sustainability Reporting Directive (CSRD), creating compliance issues for global employers.   YouTube Apple Spotify Transcript INTRO President Trump’s recent executive orders call for the elimination and, in some cases, requisite penalties for certain DEI initiatives and the data collection and reporting that accompanies them . In addition to raising questions about company culture, these orders may conflict with the mandates of the EU’s Corporate Sustainability Reporting Directive (CSRD), creating compliance issues for global employers.   On this episode of We get work®, we explain how cross-border employers should approach these opposing policies and what questio...

What Will Trump 2.0 Mean for Compliance & Ethics? - 'Good luck fostering a supportive ethical culture"

  In a shocking turnaround, Republican Donald Trump was swept back into the Oval Office in a wave of voter anxiety about the economy, securing a decisive victory over Democratic Vice President Kamala Harris. Republicans were also able to take back control of the Senate, though outcomes of House of Representatives races were unknown a few days after the election. Trump’s fiery campaign hinged largely on grievance politics and culture war issues, though it seems much of his economic messaging resonated with voters who have been squeezed for years by rising prices and high interest rates.  Any change in the party of the White House occupant poses potential risk for business, but a return to power of the unpredictable Trump could be even more consequential. For example, his pledge to slap broad tariffs on imported goods could trigger a global trade war that leaves American businesses, workers and consumers in the crosshairs and  rattles supply chains . And like most other Re...

Contractor Safety and its Role in Achieving ESG Goals

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  I n today’s business landscape, Environmental, Social, and Governance (ESG) criteria have become pivotal for companies aiming to enhance sustainability, ethical practices, and long-term viability. While most discussions surrounding ESG focus on environmental impacts or governance structures, one smaller yet critical aspect often overlooked is the safety of contractors. Contractor safety is more than just a regulatory obligation; it is a key factor that ties directly into an organization’s wider ESG goals, helping to foster a safer workplace, improve social responsibility, and promote good governance. In this article, we’ll detail how contractor safety plays a role in business’ success in their ESG programs, as well as best practices in implementing adequate contractor management tactics to aid in a wider safety structure. Understanding ESG goals Before diving into the intricacies of contractor safety, it’s important to define ESG and its general objectives. These criteria provid...

Would “reframing” ESG restore its appeal?

In this Comment from a Reuters magazine, the author attempts to rescue the underlying environmental, social and governance principles from the often disparaged term, “ESG.” ESG, he observes, was “[o]riginally conceived as a financial tool to frame how corporations disclose their impact and investment,” but has now become a term that is “fraught with debate, lacks a clear definition and is often misunderstood.” However, he contends, people actually associate many of the values and concepts underlying ESG with business success.  Perhaps the term should be retired, he suggests, in favor of something less freighted.   “Responsible business” might do the trick—especially “responsible business” that correlates with positive corporate performance. In some circles, particularly conservative circles, the author observes, ESG has become almost synonymous with “woke capitalism”—a perspective that a “growing segment of American voters” rejects: those hostile to ESG and “seeking to influe...