Chapter 16 It took just twenty-five days to damage an international brand
05/08/23 • 7 min
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
Music by
AlexiAction through Pixabay
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
Music by
AlexiAction through Pixabay
Previous Episode
Chapter 15 Why are ESG Benchmarks causing concern?
It comes as no surprise that the traditional providers of financial data have all extended their services to include ESG ratings. Other companies have also emerged to produce ESG data. Invariably attention turns to the quality of the data as the investment market become more reliant upon these ESG Benchmark Compilers.
Music by AlexiAction through Pixabay
Music by
AlexiAction through Pixabay
Next Episode
Chapter 17 Closing the Data Gap: Preventing the Emergence of Unforeseen Social Risks
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
Music by
AlexiAction through Pixabay
Measuring the ‘S’ in ESG - Chapter 16 It took just twenty-five days to damage an international brand
Transcript
Podcast
Welcome, my name is Freddie McMahon. The way we interact and make decisions with rule-based knowledge affects every organisation and industry. The inability to measure this impact is at the root of many socioeconomic problems. The time has come for a new way of thinking.
So, every week a new episode will briefly tackle one small thread of this challenge.
Chapter 16 It took just twenty-five days to damage an international brand </
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