Environmental, social and governance (ESG) concerns are becoming more commonplace in every day business. Here, David Collington, head of benefit consulting at Barnett Waddingham, outlines why employers should include sustainability in their benefits strategy.
He describes three reasons why employers should take steps to make their benefits strategy more sustainable:
- Aligning benefits to corporate objectives
- Employees want sustainability to be part of benefits strategy
- It’s a great opportunity
Collington goes on to explain some of the ways that reward and benefits directors can put sustainability into practice, from holding providers to account to including benefits to engage your employees with sustainability and introducing sustainable incentives. Together these elements can help organisations to engage employees with their sustainability agenda.