Sustainability Magazine July 2021 | Page 37

UN Sustainability Goals
ESG
For companies that did not already have ESG programmes in place

64 % of millennials ( 24-39-year-olds ) believed they should

55 % of Gen X ( 40-55-year-olds )

38 % of older leaders ( 56 +) agreed

“ ESG has emerged as an investor view of sustainability - which has been around for a while . It ' s led to more businesses quantifying risk and performance in these areas . For years , people have said : “ If my investor is telling me to do this , I had better do it !” and this now applies to sustainability and ESG . Investors cannot make decisions based on stories or what it is you ‘ say ’ you ’ re doing . They can only make decisions based on fact and what they can see . ESG policies are that step that we needed , where investors are putting pressure on businesses to do better and realise the benefits of concentrating efforts in these areas .”
Within the Social aspect of ESG , diversity and inclusion are getting a lot of attention right now . Why is it important for employers to value diversity and inclusion in their workforce ?

UN Sustainability Goals

UN Sustainability Goals range from climate action to reducing inequality , affordable clean energy to ensuring gender equality and quality education
“ The value that comes from an employer supporting diversity and inclusion is one of trust and acceptance . If the employees see an employer who cares about these issues , they know they are accepted regardless of their gender , skin colour , religion or country of origin . The relationship between the employee and employer is key to attracting and retaining good quality talent .”
Generationally , millennial leaders are more favourable towards ESG than their Generation X or baby boomer counterparts . For companies that did not already have ESG programmes in place , 64 % of millennials ( 24-39-year-olds ) believed they should . Only 55 % of Gen X ( 40-55-yearolds ) and a mere 38 % of older leaders ( 56 +) agreed . sustainabilitymag . com 37