Competition Bureau to speed development of guidance on new #greenwashing rules
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Come and join us at the October 2023 meeting for regulatory updates for SECURE 2.0, ESG regulations, and more!
WP&BC Salt Lake City Chapter - October Meeting: Understanding Employee Benefit Developments & Regulatory Guidance
wpbcsaltlake.org
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Really interesting discussion at the #EOAConference2023 on the future of business, and the likely increasing demands of reporting on environmental standards - and the resilience of organisations that take their stakeholders into account when taking decisions Chris Turner Employee Ownership Association
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Our annual ESG report is available now We work really hard to engage in safe & sustainable practices
Our people make us who we are – they’re the standard bearers of our company values. Our latest ESG report shows what we’re doing to ensure all our staff feel able to bring their whole selves to work every day. 2022 saw more than 30 million employee training hours completed, which manifested in safer facilities across the world. 34 facilities saw 0 total recordable injuries throughout the course of the year – and we’re working on further improving health and safety for all our teams. Find out more in our 2022 ESG report: https://lnkd.in/gYW_NZ6 #ESGReporting
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Talent & Culture Business Partner| Thought Leadership | Learning & Development | Hybrid Work | Sustainability | Climate Change | Terra.do Climate Fellow
For many individuals deeply concerned about environmental challenges, the apprehension of addressing climate issues in the workplace amplifies their existing climate-related anxieties. This fear of speaking out stands in stark contrast to an organization's proclaimed values and commitment to authenticity. When employees sense they cannot voice concerns about issues like greenwashing, pollution, or other environmental hazards due to potential backlash, it fundamentally weakens the organization's genuine pledge to environmental action. Psychological safety is crucial in fostering an environment where employees feel comfortable sharing their thoughts and concerns without fear of reprisal. An organization that touts its environmental commitments but stifles dialogue on the matter jeopardizes this safety. In essence, when discussion and reporting on climate matters are curtailed due to implicit or explicit deterrents, it exacerbates individual anxiety about the broader climate crisis. Moreover, it causes a rift between an organization's public stance and the actual freedom employees have to address these issues in their professional setting. Such contradictions can erode trust, sap motivation, and diminish the well-being of dedicated employees.#ClimateAction #Engagement #Culutre #Psychologicalsafety #ClimateChange
It is 2023, we have just experienced the hottest September on record, we still do not have a global agreement to phaseout fossil fuels, greenhouse gas emissions have reached an all-time high, and business as usual marches on. If you are planning an employee engagement programme around climate issues, or trying to influence your employer to run one, a key element should now be informing employees on their legal rights to report climate mispractice, including working with fossil fuel clients with no transition plan. https://lnkd.in/e-6MBxNG
Fear of reprisals prevent people calling out employers on climate, says charity
theguardian.com
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Aimed at compliance staff, GCs, marketing professionals, PR and communication specialists, this virtual classroom seminar will take you through several short case studies of green, pink and bluewashing. This is a practical and interactive session during which Dennis Froom, a business development and ESG expert from CMS, will deconstruct the subject matter and offer conclusions which you can apply to your daily practice at work. https://lnkd.in/gp3GHJ9X #mblseminars #onlinelearning #greenwashing #bluewashing #sustainability
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Today, our CEO Kimberly contributed her expertise on Australian Modern Slavery legislation and compliance at a panel event hosted by Laura and her DLA Piper team in Auckland. Along with panellists Serena Grant (Walk Free), Sum Green (Westpac), and DLA Piper's own Natalie Caton, Kim shared crucial insights from our experience in Australia, emphasising the importance of due diligence in unearthing and addressing modern slavery risks that often hide within supply chain tiers two to four. Kim highlighted, “Modern slavery is hidden deep within supply chains. Through our technology, consistent with publicly available data, we've identified that the risk generally aggregates at tiers two to four. This is where disclosure legislation becomes critical, enabling organisations to direct resources effectively.” She continued, “The introduction of mandatory due diligence in legislation creates a level playing field. In Australia, we've witnessed a transition from a vicious to a virtuous circle, where institutional investors drive due diligence down through the layers of business, fostering a culture of compliance and responsibility, right down to SMEs.” The Fair Supply journey began the day the Australian legislation came into effect in 2019. Many of our customers have since seen significant commercial benefits, enhancing their social licence to operate and gaining competitive advantage through employing rigorous ESG practices. This event underscored the transformative power of compliance, not just as a legal requirement, but as a catalyst for broader positive change across industries. If you’re thinking about ESG compliance, we’d love to hear from you. https://lnkd.in/gN-8NmP7 Pictured: Sum Green, Natalie Caton, Kimberly Randle, Laura Scampion, Serena Grant and Gareth W Marriott. #FairSupply #ModernSlavery #DueDiligence #SupplyChainEthics #NZBusiness #LevelPlayingField #CorporateSocialResponsibility #SustainableBusiness #ESG #Compliance #CompetitiveAdvantage
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I was delighted to be a part of today’s panel offering a deep dive into modern slavery legislation, its implications for New Zealand businesses and the practical steps that companies are taking to address hidden risks within their supply chains. Our own experiences at Fair Supply have shown the importance of targeted due diligence — starting from the Australian Modern Slavery Act to global applications. There’s also no one-size-fits-all – it’s about looking at the risk and working with those high-risk suppliers to make changes. What we have to remember is that this isn't just about meeting new standards; it’s about making meaningful changes to protect those in our supply chains. And, be in no doubt, investors and stakeholders are increasingly looking at businesses’ sustainability metrics, including modern slavery, as part of their own ‘partnership’ due diligence. It was pretty clear from the business leaders in the room that the time is right to move the dial on modern slavery – which was so encouraging to hear! I’m always keen to have a kōrero (a new word learnt today – it means chat!) with any organisation looking to strengthen their approach to modern slavery (and reduce compliance complexity!). Reach out if you're on this path and let's share insights. #FairSupply #ModernSlavery #SupplyChainCompliance #EthicalBusiness #Leadership #CorporateResponsibility
Today, our CEO Kimberly contributed her expertise on Australian Modern Slavery legislation and compliance at a panel event hosted by Laura and her DLA Piper team in Auckland. Along with panellists Serena Grant (Walk Free), Sum Green (Westpac), and DLA Piper's own Natalie Caton, Kim shared crucial insights from our experience in Australia, emphasising the importance of due diligence in unearthing and addressing modern slavery risks that often hide within supply chain tiers two to four. Kim highlighted, “Modern slavery is hidden deep within supply chains. Through our technology, consistent with publicly available data, we've identified that the risk generally aggregates at tiers two to four. This is where disclosure legislation becomes critical, enabling organisations to direct resources effectively.” She continued, “The introduction of mandatory due diligence in legislation creates a level playing field. In Australia, we've witnessed a transition from a vicious to a virtuous circle, where institutional investors drive due diligence down through the layers of business, fostering a culture of compliance and responsibility, right down to SMEs.” The Fair Supply journey began the day the Australian legislation came into effect in 2019. Many of our customers have since seen significant commercial benefits, enhancing their social licence to operate and gaining competitive advantage through employing rigorous ESG practices. This event underscored the transformative power of compliance, not just as a legal requirement, but as a catalyst for broader positive change across industries. If you’re thinking about ESG compliance, we’d love to hear from you. https://lnkd.in/gN-8NmP7 Pictured: Sum Green, Natalie Caton, Kimberly Randle, Laura Scampion, Serena Grant and Gareth W Marriott. #FairSupply #ModernSlavery #DueDiligence #SupplyChainEthics #NZBusiness #LevelPlayingField #CorporateSocialResponsibility #SustainableBusiness #ESG #Compliance #CompetitiveAdvantage
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A highly experienced focused, results orientated financial services professional . An agile communicator . Proven ability to distil significant volumes of information & identify solutions
The Financial Conduct Authority is introducing an anti-greenwashing rule that would prevent firms from making misleading sustainability statements about their products.The regulator plans to implement the rule at the end of May as part of its sustainability disclosure requirements, over six months before new naming and marketing rules come into force on December 2. But the Investment Association has asked the FCA to delay the anti-greenwashing rule until the naming and marketing rules come into effect, according to a person familiar with the matter. #funds #regulation #greenwashing
IA calls for anti-greenwashing rule delay
igniteseurope.com
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As forecasted in HAP’s recent thought leadership series on the future of Social Audits https://lnkd.in/ez2akAQJ, government authorities continue to more directly weigh in on the use of social audits (private inspections) as industry prepares for a future regulated supply chain due dilligience system on imports and the headlines go far beyond auditor training for demonstrating credibility. The new report https://lnkd.in/eMAPcuNY highlights issues like (a) the number of inadequate social audit methodologies currently in use, (b) the value of programs that lack clear definition that align with real, robust worker centric mechanisms and (c) provides perhaps the most direct guidance to industry from a government authority that we have seen to date: “We’re telling people to stop wasting money on these third-party audits.” Next month HAP will start a public comment period for a new concept for governments, policy makers and end users of social audits: the Comprehensive Audit Effectiveness Model (CAEM), providing a definition to more clearly evaluate the foundational components of individual social audits. https://lnkd.in/eNrHniqS Your insights, experiences, and feedback are invaluable as we navigate this important conversation and seek to develop guidance for policy makers and end users of social audits. Connect with us, share your insights, and be a cited contributor to this important conversation. If you would like to contribute to the upcoming series, please reach out to us at: https://lnkd.in/gbU5hzAY or 1️⃣💬DM or 2️⃣ contact one of our team members here: 👋 https://lnkd.in/dfZwPma6 ✅ Support greater Independence in Environmental & Human Rights Due Diligence Measurement Systems: https://lnkd.in/ehvfDhEc #esg #esgreporting #sustainability #sustainabilityreport #responsiblebusiness #ethics #climatecrisis #climate #bizhumanrights #forcedlabour #modernslavery #ethicalsourcing #SustainableBusiness #EthicalAuditing #OECDGuidance #oecd #supplychain #responsbilebusines #climate #climateaction https://lnkd.in/eMAPcuNY
Creating a Stronger Voice for Workers
tcf.org
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It is 2023, we have just experienced the hottest September on record, we still do not have a global agreement to phaseout fossil fuels, greenhouse gas emissions have reached an all-time high, and business as usual marches on. If you are planning an employee engagement programme around climate issues, or trying to influence your employer to run one, a key element should now be informing employees on their legal rights to report climate mispractice, including working with fossil fuel clients with no transition plan. https://lnkd.in/e-6MBxNG
Fear of reprisals prevent people calling out employers on climate, says charity
theguardian.com
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