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Responsible Recruitment Through Technology: A Path Forward
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The Mekong Club and the Principles for Responsible Investment (PRI) (as an observer participant) have together produced a white paper emphasising the importance of the social dimension of ESG investment criteria for investors and addressing some of these challenges
Titled ‘Amplifying the “S” in ESG: Investor Myth Buster’, the white paper aims to debunk five common myths related to the “S” in ESG and provides practical calls to action on how to strengthen social metrics in investment management.
Convened by the Thomson Reuters Foundation, the working group behind the white paper aims to promote greater understanding around social themes as the focus on sustainable finance grows. Following the Me Too and Black Lives Matter movements and in the wake of COVID-19, the desire to ‘build back better’ and address inequality has highlighted the importance of measuring a company’s direct impact on the human rights of its communities and individuals.
Data-Driven Collaboration Signals New Era in the Fight Against Human Trafficking
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Today, four organizations announced a historic, data-driven collaboration at TogetherIsStronger.net. This collaboration seeks to change the fight against human trafficking, and the estimated $240 billion dollar economy it supports.
For the counter-trafficking world to deliver measurable impact, organizations that offer complementary experience and expertise need to join together to bring about this outcome ATLANTA (PRWEB) April 29, 2021 Led by The Knoble, STOP THE TRAFFIK, Traffik Analysis Hub (TAHub) and The Mekong Club, the initiative states that non government organizations (NGOs), while effective at raising awareness of human trafficking, must be more coordinated and rely on shared data to effectively defend against the proliferation of global criminal networks. Current efforts help less than 0.05% of the more than
Environmental, Social, and Corporate Governance (ESG) indicators refer to the three central factors in measuring the sustainability and societal impact of an investment in a company or business. These non-financial metrics are used as part of an analytical process to identify material risks and growth opportunities:
Environmental criteria consider how a company performs as a steward of nature
Social criteria examine how it manages relationships with employees, suppliers, customers, and the communities in which it operates
Governance criteria deal with a company’s leadership, anti-corruption mechanisms, internal controls, and shareholder rights
In practical terms, the ‘S’ in ESG criteria focuses on human rights issues relevant to business, including modern slavery, child labor, land rights, inequality, diversity, employee relations, health and safety, privacy, and human capital management.
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