Regulatory frameworks continue to evolve and change as well as investor expectations, and organizations are focusing on transparency when it comes to ESG disclosures.
One of the striking aspects of this year’s American Society of Safety Professionals’ annual conference this week in Denver is the diversity of topics being addressed.
The EHS function continues to play a key role in understanding and mitigating risk across organizational portfolios. With the rise of ESG priorities and movement towards dynamic risk management, firms need to look inwards at their processes, people and technology to meet these challenges.
As environmental, social and governance (ESG) efforts become a greater focus of corporations, many safety professionals are being tapped to play a part.
The organization has set targets for its Environmental, Sustainability, and Governance (ESG) framework, and measures progress on a comprehensive, cross-category internal scorecard.
Data from Sphera’s latest Safety Report reveals a persistent gap between the intent and reality of process safety management, while ESG is a growing consideration for PSM and ORM professionals.
Whether you agree or not with the increasing ESG scrutiny on companies, your business and bottom line are in jeopardy if you are not as attentive to ESG as you are ensuring your workers and contractors are safe.
ESG ratings, rankings and grades have been around for some years, and the whole “ESG industry” is growing, driven by Wall Street investors, media coverage, consumer and employee demands for responsible corporate behavior, and the need for both public and private companies – though primarily at this point public entities – to be able to access capital by scoring well on ESG scorecards.