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.
Bu hikaye People Matters dergisinin August 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye People Matters dergisinin August 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
How Digital Transformation Can Power The Great Reset
Technology has the potential to serve as the key enabler of change between digitalising administrative tasks and fostering human connections
The Crypto Meltdown Of 2022
FTX implosion: A setback, but not the end for the crypto market
Govern Pre-IPO Unicorns to Create Value; Not Valuation
Billion-dollar startups always make the headlines. But is there true value behind those eye-catching valuations? How can proper governance be implemented for these much-hyped companies?
On change and change management
The best way to end the year, especially such a disrupted one as 2022, is by laying the groundwork for the year to come. Michelle Yong, Head of Resourcing at Shell, offers some insights on change management to bring us forward into 2023
The Great Reconnection: A paradigmatic moment for employers and employees
This year has not been a good one for employee retention. The Great Resignation, originally thought to be a US phenomenon, has emerged in Asia now. But is there a way to turn it into the Great Reconnection?
Lessons Managing in leadership: a global hybrid team
What takeaways can we draw from the pandemic? Fatima Koning, Chief Commercial Officer at IWG, shares what the last five years have taught her about managing a global sales team across 120 markets in the hybrid model
Eight HR trends that we saw throughout 2022
As companies manage their workforces in a dynamic era, HR departments have continually adapted and adjusted, and never more than this year as digital acceleration and workplace evolutions came together
One way to turn the tide of employee retention
There's a surprising link between skill development opportunities and job satisfaction. Here are some ways of boosting skilling and thereby talent retention
A key focus for L&D going into 2023 should be business alignment
Venkat Subramaniam of Degreed believes that learning is core to business success and organisations need to invest in the right processes and technologies to adapt to continuous change
WOMEN IN LEADERSHIP CAN BE GAME GHANGER FOR INCLUSIVE FUTURE OF WORK
BREAKING FREE FROM THE STEREOTYPES IN THE INSURANCE SECTOR, PAMELA THOMSON-HALL SHARES HER JOURNEY OF BEING A CHAMPION FOR WOMEN AND BRINGING ABOUT A CHANGE IN A MALE-DOMINATED INDUSTRY
