Vice President & Principal Analyst, Modern Work, Melody Brue, delves into the reasons why corporations have pulled back on discussing ESG initiatives.
, no one is hushing. To be fair, I haven’t counted the words on their earnings calls, but even if the number was zero, I am pretty sure none of these companies are afraid of being called “woke.” .”
I do not think Dr. Jay is suggesting that companies should halt their diversity initiatives. Instead, in finding a balanced position in the ongoing debate about DEI initiatives, perhaps it is sometimes simply easier to stay quiet.revealed that 72% of the executives polled believe that most organizations in their industry would be caught greenwashing if investigated. Nearly six out of 10 executives admitted to overstating—or otherwise inaccurately representing—their sustainability activities.
ESG performance profoundly impacts a company’s employees, who are after all an important stakeholder group in their own right., there is a significant correlation between ESG performance and workforce sentiment, a critical factor in a competitive landscape characterized by unpredictable employee turnover and intense talent competition.
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