Implementing the 'S' in ESG
Update: 2024-05-19
Description
The 'S' in ESG, representing Social, is a crucial yet often challenging component to define and measure within Environmental, Social, and Governance (ESG) frameworks.
Social impact focuses on the inclusion and capacity building of communities. This presents an opportunity for companies to foster socioeconomic participation and build relationships with these communities, government and institutions. What social impact looks like though, and the regulatory requirements for this, are different in every country, presenting challenges unique to every country.
In this episode of acQuire Connected, we’re joined by Loyiso Ndlovu, Head of Sustainability and ESG at Sibanye Stillwater, and Maritha Erasmus, Social Intelligence Value Stream Leader at acQuire to explore:
• how companies are defining and measuring the ‘S’ in ESG
• what key challenges all companies face when reporting on their social impact, and
• where they see the future state of social impact reporting heading.
Social impact focuses on the inclusion and capacity building of communities. This presents an opportunity for companies to foster socioeconomic participation and build relationships with these communities, government and institutions. What social impact looks like though, and the regulatory requirements for this, are different in every country, presenting challenges unique to every country.
In this episode of acQuire Connected, we’re joined by Loyiso Ndlovu, Head of Sustainability and ESG at Sibanye Stillwater, and Maritha Erasmus, Social Intelligence Value Stream Leader at acQuire to explore:
• how companies are defining and measuring the ‘S’ in ESG
• what key challenges all companies face when reporting on their social impact, and
• where they see the future state of social impact reporting heading.
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