For all organizations, no matter what sector they operate in, sustainability and environmental, social and governance (ESG) is no longer a 'nice to have', and nor is it enough to just address ESG issues from a siloed team within.
Stephen Bovis, vice president, and managing director, South Pacific, Hewlett Packard Enterprise (HPE) says if the world is going to make the necessary carbon reductions to meet net zero goals, it will need employees from across company divisions and sectors working towards sustainability outcomes.
The war for ESG talent is tough, he points out, and organizations need to look for every opportunity to attract and upskill strong talent.
"Organisations need to upskill talent across their entire businesses to integrate ESG into the overall strategies. HPE's approach isn't to build out a huge centralized ESG team but rather to build capabilities - whether that's in product development or finance," he says.
To equip leaders from across all HPE's teams and empower them to confidently create action plans within their organizations that mitigate climate impacts, HPE will be introducing a mandatory climate training programme for all leaders at VP level and above. The programme will inform and inspire HPE executives to learn about the relevance of climate change to HPE's business.
Also, beginning in 2022, executive committee bonus compensation will be tied to the company's performance against key climate metrics. "This builds on existing ESG-related compensation metrics related to team member engagement and workforce diversity," says Bovis.
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