There is an increased stakeholder interest in how and where organisations do business, who they do business with and the level of ambition and action to integrate and manage ESG (Environment, Social and Governance) risks. Committing to and implementing a responsible, authentic, social and environmental strategy is key. Integral to this goal is workplace culture, addressing governance issues and leading a business responsibly. It is essential for leaders to create an inclusive and prosperous environment for their employees, customers, suppliers, shareholders, investors and communities.
A leader’s legal and ethical duties of ensuring that their business and employees act in a responsible and accountable manner are now a commercial imperative. Working for an organisation with a genuine commitment to a value-led purpose and conscience is an increasingly important prerequisite for top talent. Added to that, brand damage and personal liability is increasingly common where businesses fail to address ethical behaviour.