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How do you create a culture of inclusivity and listening in a regulated financial services board? Jonathan Hayward and Lisa Scott discuss practical steps to strike the perfect balance. #inclusivity #boardofdirectors #financialservices #governance

"Corporate social responsibility is measured in terms of businesses improving conditions for their employees, shareholders, communities, and environment. But moral responsibility goes further, reflecting on the need for corporations to address fundamental ethical issues such as inclusion, dignity, and equality." - Klaus Schwab #ESG #HumanDesignStrategy

Meaning in the caption 👇 👇 Social responsibility is the ethical obligation of businesses to act in a way that benefits society, not just their bottom line. It involves conducting business operations in an ethical, environmentally sustainable, and socially beneficial manner. Embracing social responsibility enhances corporate reputation and contributes positively to communities. #SocialResponsibility #CorporateResponsibility #CSRInitiatives

Sustainability reporting on human rights involves disclosing a company's efforts and performance in respecting and promoting human rights within their operations and supply chains. This type of reporting typically includes information on policies, practices, and outcomes related to human rights issues. Main focus area to include: 1. Human Rights Policies and Commitments: Description of the company’s human rights policies, including alignment with international standards like the United Nations Guiding Principles on Business and Human Rights (UNGPs). Commitments to human rights principles, such as non-discrimination, fair labor practices, and protection of vulnerable groups. 2. Due Diligence Processes: Processes for identifying, assessing, and addressing human rights risks in operations and supply chains. Stakeholder engagement and consultations to understand potential human rights impacts. 3. Supply Chain Management: Efforts to ensure suppliers adhere to human rights standards. Audits, assessments, and capacity-building initiatives for suppliers. 4.Grievance Mechanisms: Systems in place for employees, communities, and other stakeholders to report human rights abuses. Procedures for addressing and remedying grievances. 5. Training and Awareness: Training programs for employees and suppliers on human rights issues. Efforts to raise awareness about human rights within the organization and broader community. 6. Performance Metrics and Indicators: Data on incidents of human rights violations, such as forced labor, child labor, or discrimination. Metrics on employee diversity, health and safety, and labor conditions. Assessments of the effectiveness of human rights policies and practices. Plans for continuous improvement and addressing identified gaps. Sustainability reporting on human rights is essential for transparency, accountability, and building trust with stakeholders, including investors, customers, and communities. It demonstrates a company's commitment to ethical practices and social responsibility.

Law360 Pulse proudly presents the 2024 Social Impact Leaders, a ranking of law firms that seeks to measure their engagement with social responsibility from a holistic point of view. https://lnkd.in/dgj8t9V8

🔎 Social responsibility is a shared commitment. Explore how supporting local businesses that prioritize ethical practices can contribute to a more equitable and sustainable society. Learn more at https://lnkd.in/gUYbfmdh #listedin #smallbusinessowner

Having worked closely with the government for decades, I've had the privilege of witnessing firsthand the impact that good governance can have on society. It's more than just policies and procedures—it's about cultivating a culture of transparency, accountability, and inclusivity. Good governance, in my experience, is built on these key pillars: -> Transparency: Open and honest communication fosters trust and ensures that all stakeholders are informed and engaged. -> Accountability: True leadership means taking responsibility for actions and decisions, ensuring that outcomes are aligned with ethical standards. -> Inclusivity: A government that listens to and considers diverse perspectives is one that truly serves its people. -> Responsiveness: Addressing the needs and concerns of citizens in a timely manner is crucial for maintaining public trust. -> Sustainability: Decisions made today must be with an eye on the future, ensuring long-term benefits for society. Through my journey, I've learned that good governance is the backbone of a thriving, resilient society. It's what transforms intentions into meaningful action and drives positive change. As we continue to navigate the complexities of our world, let’s commit to upholding these principles, ensuring that our actions today build a stronger, more equitable tomorrow. #Governance #Leadership #PublicService #Transparency #Accountability #GoodGovernance #JPNADDA #Yoga 😊

Corporate governance refers to the rules, systems and processes that control and monitor an organisation. Indigenous governance emphasises relationships and connections between people, places and things across time. On the surface, they’re worlds apart. In reality, they have much in common. Learn how: https://bit.ly/4dGIhXH #CompanyDirector #FirstNations #IndigenousGovernance #Diversity #TwoWayLearning #IndigenousLeadership

👉 "The SDG2000 companies have resources and influence equivalent to some of the biggest countries, impacting more people than the populations of many nations. The fact that 90% of these companies are failing to act on fundamental social expectations shows the state of play of the private sector. Demonstrating leadership in creating an equal, inclusive, and just world could significantly aid governments in eradicating poverty, reducing inequality, and ensuring access to decent work for all. Regulation, guidance, and external pressure are necessary to steer businesses in the right direction." -- Namit Agarwal of World Benchmarking Alliance #bizhumanrights #esg #inclusion #regulation #humanrights

This week, the World Benchmarking Alliance published its first Social Benchmark, assessing the world’s 2,000 most influential companies on their responsibility in meeting society’s fundamental expectations towards respecting human rights, providing decent work, and acting ethically. 👉 "Alarmingly, 90% of the assessed companies are not even halfway to meeting fundamental societal expectations on human rights, decent work and ethical conduct. Over 30% of companies score only between 0 and 2 points out of 20 total possible points." #bizhumanrights #esg #corporateresponsibility #meassurement https://lnkd.in/g5NnJXbR