Far from a buzzword, ESG is fast becoming the standard for businesses to manage and report on their risks. ESG: environmental, social and governance, are essentially the broadest set of factors that can measure a company’s impact on the world. ESG reporting and ratings drive a huge and growing amount of investment.
Deciding to start ESG scoring can seem like a daunting task. But in actual fact, compliance dovetails into ESG reporting in a very meaningful way. Using a particular ESG framework can help to guide your reporting processes, showing you where to look, what to measure, and how to communicate it.
Is this because Tesla’s prima donna CEO, Elon Musk, wants to stand out from the crowd of billionaire CEOs? Musk certainly likes to make a statement, even if his tweets have previously been accused of violating labour laws and resulted in defamation cases.
Climate change represents one of the greatest threats humanity has ever faced, and we need everyone on board to fight it.
VinciWorks’ new course on climate change will provide a working knowledge and understanding of the mechanics of climate change. The short course gives users an understanding of how human actions are causing climate change and what you and your organisation can do about it. Users will learn how carbon emissions and other factors affect the environment, what will happen if we don’t take collective action, and what we can do to slow the process on an individual, community and organisational basis.
Topics covered
What is climate change?
The science behind climate change
What will life be like if we don’t take action?
Causes of climate change
Things you can do to help
Course features
Smooth, user-friendly scroll design
Customisable training on a wide variety of topics with the option to include or remove topics for different audiences
Interactive learning built-in throughout the course, with the ability for the administrators to track responses in order to gain insights into users’ grasp of the topics
Eye-catching design and an easy to use experience
To learn more about the course, contact us via the short form below.
Drafting an environmental policy is a valuable way for a company to clarify its commitment to managing its environmental impact. It can also serve as a valuable component of your ESG toolbox.
An environmental policy can help provide a vision for employees to understand their roles and responsibilities. It can also help improve company decisions, reduce costs, and improve efficiency across the organisation.
Promoting an environmental policy can also help improve relationships with customers and suppliers that want to see a commitment to sustainability.
ESG can feel like a complex and confusing topic, from finding the right data to track to aligning to frameworks. Are ESG frameworks mandatory, or even necessary for ESG? Which framework is right for which industry and size of business, and what’s the benefit, or not, of aligning to a framework for ESG?
In this webinar, our Director of Product Alona Stern and Director of Learning and Content Nick Henderson explored what frameworks mean, how to align with them, and which one, if any, may be right for your business. We also heard from Amanda Latham, Associate and Policy & Strategy Lead at professional services consultancy Barnett Waddingham. Amanda shared insight on her journey to becoming involved in ESG, including chairing the stewardship workstream of the Investment Consultants Sustainability Working Group (ICSWG).
This webinar covered:
The most popular ESG frameworks
What the difference is between the different ESG frameworks
Global businesses are no longer working on environmental, social and governance issues in a silo. They are bringing them together under the banner of ESG to demonstrate the positive impact the business is having on the world. We have created a guide to environmental, social and governance factors with case studies and examples to help businesses that want to get started on ESG initiatives.
Allies use their power, voice and privilege to act in solidarity with individuals from marginalised or minority groups to tackle inappropriate behaviour and bring down systems of oppression.
VinciWorks and Skill Boosters recently hosted an interactive webinar where they were joined by business psychologist and diversity expert Binna Kandola OBE, founder of business-psychology consultancy Pearn Kandola, as well as psychologist Ashley Williams and Skill Boosters’ Head of Content Ros Fordyce. They looked at real-life scenarios and explored what makes an effective ally. Using short video scenarios, we polled the audience on how they would best handle a given situation and share insights from leading D&I experts.
The diversity and inclusion webinar covers:
Why is allyship important?
The different minority and marginalised groups to whom we can be allies
What it means to be an effective and inclusive ally
Actions that allies can take to support people from minority or marginalised groups
The ‘Open The Front Door’ communication framework and how to use it
A brief overview of the new Allyship course by Skill Boosters
Environmental, social and governance issues do not exist in a silo. ESG is about bringing them together under one banner to demonstrate the positive impact our business is having on the world. ESG is much like corporate social responsibility but on a vastly larger and more measurable scale. Companies that are at the forefront of talking about their ESG scores are generating more attention from across the business spectrum, and investors are actively looking for high ESG-scoring companies.
VinciWorks Free ESG Policy Template
VinciWorks has released a free policy template for businesses to download and use in order to inform their staff on everything ESG related they should know. This includes information on reporting, disclosures, business practices, policies, procedures, investments, board activities, stakeholder engagement, and investor relations.
Which Types of Companies and Businesses Should Download this ESG Policy Template
Recently, ESG has gained more attention worldwide and the SEC as well as other jurisdictions around the world have begun considering or implementing ESG disclosure requirements and penalties for non-compliance. The focus at first is likely to be mainly on disclosures by large reporting companies and ESG funds, but small businesses and privately-held companies should also strongly consider implementing ESG reporting frameworks, as they can also create a significant impact by having an ESG program.
From April 2022, 1,300 of the largest UK firms will be required to report based on the TCFD (Task Force on Climate-Related Financial Disclosures) framework. This will include many of the largest companies such as banks and insurers, as well as private businesses with over 500 employees and £500 million in turnover. This means that businesses within the supply chain of these larger firms will have to be prepared to report on some climate-related information to them. Data could include greenhouse gas emissions and carbon footprint from travel. Even if your own business is not required to undertake mandatory TCFD reporting, if significant customers of yours do have to report based on TCFD, it might be sensible for you to consider TCFD as your own framework. Similarly, if some of your major customers use GRI or the UN SDGs, you may want to align with those rules.
Whether you are a large UK firm or a smaller private firm anywhere in the world, downloading the ESG policy template can help you be prepared and get started on implementing an ESG programme.
Diversity, equality and inclusion are deeply held values at VinciWorks. Those values drive us to create products that help organisations promote ethical and inclusive workplace culture. They also instruct our corporate mission to create a safer, fairer and more honest world.
Our work to provide compliance expertise and promote best practice in the area of ESG often involves the seemingly tricky task of tracking diversity data. Finding out who works in the organisation is the first step to increasing talent and representation. A diverse, representative workforce is not merely about looking the part, it helps the organisation thrive.
As companies look to develop and implement their ESG programmes, there are a number of issues that commonly come up. As we deliver our webinars and guides on ESG, VinciWorks receives many questions about the subject. Many are addressed in articles on our blog.
In this post, we will explore how to do an ESG gap analysis. An ESG gap analysis from VinciWorks looks at an organisation’s achievements in ESG, as well as suggesting potential initiatives and metrics to track those.
Has your organisation set any ESG-related goals such as net zero carbon emissions? Are you building an ESG programme around a reporting framework? Whether your programme is already under way or you don’t know where to start, our ESG resource page contains the guides, policy templates, on-demand webinars and blogs to help any organisation in any industry.
Our most popular resources include:
• A series of guides on the different reporting frameworks
• Introductory guide to ESG
• ESG policy template
• On-demand webinar on implementing an ESG programme
• Blog on mapping regulatory requirements
Click here to view the ESG resource page and instantly access the rich collection of resources.
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