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Measuring the ‘S’ in ESG

Measuring the ‘S’ in ESG

Freddie McMahon

Welcome, my name is Freddie McMahon.
In the workplace, Social Key Risk Indicators across every sector are substandard or missing. Abuse, discrimination, bullying, and harassment persist. Harming people is unacceptable. Productivity is impaired. Reputation and value destruction can occur at any time. But whilst leadership is disconnected and in denial, the door remains firmly closed for fresh, innovative thinking.
The time has come to measure the S in ESG (Environment, Social, and Governance).
Every two weeks or so, a new episode will briefly tackle one small thread of this challenge.

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Top 10 Measuring the ‘S’ in ESG Episodes

Goodpods has curated a list of the 10 best Measuring the ‘S’ in ESG episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to Measuring the ‘S’ in ESG for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite Measuring the ‘S’ in ESG episode by adding your comments to the episode page.

Imagine a scenario whereby the trust in a well-known international brand is eroded within twenty-five days, because they had mismanaged ESG social risk within their organisation. This scenario became a reality during April 2023. Why does this matter?

Music by AlexiAction through Pixabay

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AlexiAction through Pixabay

(3) Freddie McMahon | LinkedIn

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Fragmented rule-based knowledge affects every public and private organisation. Evidence of fragmentation is everywhere.

Music by AlexiAction through Pixabay

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AlexiAction through Pixabay

(3) Freddie McMahon | LinkedIn

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There is a growing market momentum to measure the social impact of ESG. To measure social impact requires a blended approach of using knowledge and data. The question is which comes first, the knowledge or the data?

Music by AlexiAction through Pixabay

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AlexiAction through Pixabay

(3) Freddie McMahon | LinkedIn

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In Chapter 4 , we showed that child abuse is under-identified and under-reported, in the same way as for misogyny and violence against women. It is clear that under-reporting means there is inadequate data available. Yet to get sufficient data one needs to first tackle the issue of under-identification.

Music by AlexiAction through Pixabay

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AlexiAction through Pixabay

(3) Freddie McMahon | LinkedIn

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Previously, in Chapter 3 we explained why Britain’s military need a sense and respond capability to stop misogyny and violence against women personnel. It would require the digitalisation of rule-based knowledge that traditionally is found in documents and the heads of subject matter experts. The same weaknesses concerning rule-based knowledge apply to children being abused across the sporting industry.

Music by AlexiAction through Pixabay

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AlexiAction through Pixabay

(3) Freddie McMahon | LinkedIn

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The current state of reporting ESG social risks is embryonic. Social Key Risk Indicators are substandard or missing across every sector.

80% of social risks identified from numerous investigations involve Bullying, Abuse, and Discrimination (aka BAD). Yet we all know harming people is unacceptable. Productivity is impaired. Reputation and value destruction can occur at any time through media exposure.
It is clear that a new way of thinking is required.

Music by AlexiAction through Pixabay

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AlexiAction through Pixabay

(3) Freddie McMahon | LinkedIn

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This article explores the parallels between the use of AI Agents and the MeToo movement in addressing workplace social risks such as bullying, abuse, and discrimination. Both approaches aim to empower individuals, shed light on systemic issues, normalize speaking out, and catalyse organizational change. The article discusses the deployment of AI Agents, emphasising the importance of rigorous follow-up investigations by independent experts. Ultimately, by leveraging technology and social activism, organizations can create safer, more inclusive workplaces grounded in trust, accountability, and respect for all individuals.

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(3) Freddie McMahon | LinkedIn

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Using AI agents to detect social risks among all employees is a major advancement. It allows quick response and provides valuable insights to the board. Implementing AI-driven risk detection promotes transparency, but resistance from management and supervisors may hinder its adoption. This resistance could compromise efforts to include AI in ESG metrics, affecting risk assessment and governance.

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AlexiAction through Pixabay

(3) Freddie McMahon | LinkedIn

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Recently there has been several cases of reputation and value destruction. This is because leadership underestimated social risks and their adverse effects upon stakeholders.

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(3) Freddie McMahon | LinkedIn

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The gap between policy intent and practice for social factors is poorly measured as most of the data needed to find risks does not exist. The missing risk data is the causality to many socioeconomic problems within organisations. The momentum to embrace reporting non-financial data is being led by ESG (Environment, Social, and Governance) and regulatory change. The time has come for a new way of thinking to address the missing data, especially to measure the S in ESG.

Music by AlexiAction through Pixabay

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(3) Freddie McMahon | LinkedIn

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FAQ

How many episodes does Measuring the ‘S’ in ESG have?

Measuring the ‘S’ in ESG currently has 28 episodes available.

What topics does Measuring the ‘S’ in ESG cover?

The podcast is about Social, Management, Entrepreneurship, Impact, Knowledge, Data, Productivity, Podcasts, Digital, Esg and Business.

What is the most popular episode on Measuring the ‘S’ in ESG?

The episode title 'Chapter 17 Closing the Data Gap: Preventing the Emergence of Unforeseen Social Risks' is the most popular.

What is the average episode length on Measuring the ‘S’ in ESG?

The average episode length on Measuring the ‘S’ in ESG is 6 minutes.

How often are episodes of Measuring the ‘S’ in ESG released?

Episodes of Measuring the ‘S’ in ESG are typically released every 8 days, 23 hours.

When was the first episode of Measuring the ‘S’ in ESG?

The first episode of Measuring the ‘S’ in ESG was released on Jan 2, 2023.

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