Executive performance and rewards: Keeping up with changing global trends
Rising regulatory pressures and stakeholder scrutiny are forcing firms to re-examine what they stand for and how their values translate into meaningful actions.
A GROWING demand for transparency on the social impact of business is driving companies to focus on responsible investing - an approach that incorporates integrating environmental, social and governance (ESG) factors into investment decisions.
ESG factors include but are not limited to social impact reporting, disclosing carbon emission figures, the organisation's stand on workplace issues, how they manage their supply chains, and whether their culture builds trust and fosters innovation. In addition to being beneficial for the community, responsible investing is good for the business too. For instance, Banyan Tree defines itself as stewards of responsible tourism, and invests in "safeguarding and promoting a healthy, resilient and sustainable environment", which in turn attracts tourists to its properties.
Increasingly complex demands
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