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social

addressing internal and external social impacts

Addressing both internal and external social issues is essential for companies to demonstrate their commitment to social responsibility, sustainability, and ethical business practices. Effective management of these issues can enhance reputation, mitigate risks, and create long-term value for all stakeholders.

internal social issues reflect the dynamics, challenges and opportunities within a company

how we can help

diversity, equality and inclusion (DEI)

  • Assess current DEI practices and policies within the organisation.

  • Develop bespoke strategies to promote DEI.

  • Establish metrics and tracking mechanisms to measure progress and hold leadership accountable for DEI goals.

employee wellbeing

  • Identify and support implementation of initiatives for issues such as mental health support, work-life balance, and physical health within the workplace.

policies

  • Assess social credentials and risks across the company and recommend updates to company policies and procedures to build towards improved organisational culture.

leadership, organisational culture and employee engagement

  • Review leadership effectiveness, communication, decision-making processes, and organizational culture through employee surveys and interviews.

  • Identify areas for improved communications and support implementation of initiatives to improve employee engagement.

training and development

  • Provide training and workshops on unconscious bias, gender bias, inclusive leadership, and cultural competence.

external social issues pertain to broader societal issues that can impact the organization and its stakeholders

how we can help

stakeholder engagement

  • Conduct stakeholder mapping and assess impacts to evaluate the potential positive and negative impacts of company activities on various stakeholders.

  • Develop community investment strategies and initiatives to enhance social value and promote sustainable development.

  • Facilitate partnerships between companies and community, charitable and educational organizations to address shared challenges and promote mutual benefit.

  • Engage with local communities to understand their needs, concerns, and priorities.

supply chain and responsible sourcing

  • Assess supply chain risks related to ethics, human rights, labour practices and environmental practices.

  • Develop supplier codes of conduct and conduct supplier assessments to ensure compliance with ethical standards.

  • Provide guidance on responsible sourcing practices, including traceability, transparency, and ethical procurement.

  • Develop responsible sourcing policies and practices aligned with international standards such as the UN Global Compact and the OECD Due Diligence Guidance for Responsible Supply Chains.

environmental impact

  • While environmental issues primarily fall under the Environmental pillar of ESG, they also have social implications, particularly regarding their impact on local communities and vulnerable populations.

  • We can help assess this impact through detailed risk assessments, identify mitigation and avoidance opportunities and support implementation of initiatives and projects to reduce negative impacts and increase positive benefits to affected stakeholders.

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