Members: join us at our next roundtable in London! We're excited to announce our upcoming ‘S’ in ESG roundtable: 🗓 Date: Wednesday, 4th September 2024 🕒 Time: 9:00am – 10:00am 📍 Location: London This exclusive event is designed for our members to discuss improving socio-economic diversity at senior levels within the financial services sector. The roundtable will feature insightful discussions on how sustainability reporting can support this mission. Key objectives: 🔹 Sharing best practice on leveraging sustainability reporting for socio-economic diversity. 🔹 Exploring data collection processes on employees from diverse socio-economic backgrounds. 🔹 Formulating roadmaps for addressing socio-economic diversity gaps. Panellists: 🔹 Amy Thompson, Social Economist at Citi 🔹 Mahima Mitra, DPhil, Senior Lecturer in Organisation Studies at Saïd Business School, University of Oxford 🔹 Henry Philipson, Marketing & Comms Director at Beringea and President of ESG_VC 🔹 Cyrus Suntook, Sustainability & People Strategy Leader at Accenture Don't miss this opportunity to engage with industry leaders and contribute to meaningful change. Remember this event is for members only, so if you are not a member, learn more about your organisation joining: https://lnkd.in/eiqehtHS Let's work together to create a more inclusive and diverse financial services industry. #SocialMobility #DiversityEquityInclusion #ESG #Sustainability #ProgressTogether
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It’s a privilege to be able to serve clients and communities for a sustainable future for all and here is how we, at McKinsey & Company, are making a difference and fueling sustainable & inclusive growth. So excited and proud to share highlights from our latest ESG report. 🌏 We aspire to be the largest private sector catalyst for decarbonization; driving action at COP28 and helping establish the Oil and Gas Decarbonization Charter: ▶️ 4.6K colleagues worked on 1,720 sustainability engagements with 761 clients across 67 countries ▶️ 2K climate tech leaders convened at our global Green Business Building Summits ▶️ $156+ million allocated by Frontier buyers, including McKinsey, to support innovative carbon removal companies ▶️ 100% air travel emissions covered by a $50/ton internal carbon fee 🌏 We’re helping build inclusive economies, institutions, and workforces: ▶️ 19M people supported toward economic inclusion ▶️ $856 million contributed to social responsibility since 2020 ▶️ 48 percent of our global workforce were women ▶️ 620 new businesses created by Leap by McKinsey since 2019 🌏 Our ambition is to lead with integrity and maintain the trust of our clients, colleagues, and society: ▶️ 100% of new clients vetted against our industry-leading CITIO client service framework ▶️ ~$1B spent on building, enhancing, and operating our risk, legal, and compliance functions since 2018 ▶️ 100% of colleagues completed annual risk training and certified compliance with firm policies It’s a privilege to serve our clients and communities in this way, and that’s what I love about the job. Read more : https://lnkd.in/ggMhDuEh #McKinsey #SustainableGrowth #InclusiveGrowth #SocialImpact #FutureOfWork #Sustainability ------------------- I write regularly on People | Leadership | Financial services | Sustainability. Follow Surya Sharma
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🌍 Exciting News from McKinsey & Company - ESG Report 2023! 🌍 I am thrilled to share the highlights from our 2023 ESG Report, showcasing our commitment to accelerating sustainable and inclusive growth. Despite a year of global challenges, we made significant strides in sustainability, economic inclusion, and responsible practices. Key Achievements: - Sustainability: 1,720 engagements with 761 clients, $156M+ in carbon removal investments, and a $50/ton internal carbon fee. - Inclusive Growth: 19M people upskilled, 620 new businesses created, and 48% of our workforce are women. - Responsible Practices: 100% of new clients are vetted, $1B is spent on risk and compliance, and comprehensive annual training is provided for all colleagues. Showcasing how to drive positive, enduring change for our clients and communities. Inspring and empwering! Let's learn and continue to build a resilient and inclusive future! And much more - read the full report to learn more about our initiatives and impact. 🌱💼 McKinsey & Company, thank you for the possibility of sharing this report! #ESG # thoughtleadership #ethicalleadership #diversity #inclusion #accountability #zerowaste #transparency #corporategovernance #boardofdirectors #CSR #sustainability Veblen Director Programme Oreyeon Ignite Your Leadership Journey London Intercultural Center (LIC) London Intercultural Academy | LIA Olympic Tactical & Investigations LLC
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Why an article from 2013? Because these ideas are relevant today and can help businesses walk the talk in 2025. In a remarkably short time, CSR, DEI, and ESG have became obsolete as businesses faced relentless scrutiny over their inability to translate promises into tangible outcomes. In other words, have an impact. In 2025, employees, consumers, and investors will be demanding proof of impact. Unlike previous models, social impact emphasizes action and measurable outcomes over frameworks and reporting structures. Walking the talk will become non-negotiable—stakeholders will no longer tolerate performative efforts. In a "back to the future" moment, I came across an article I wrote for Forbes in 2013 with 10 practical ways corporations can improve impact. They are: 1️⃣ Create an Advisory Council 2️⃣ Eliminate Your Annual CSR/Sustainability Report 3️⃣ Have Community Stakeholders Write Part of Your Annual Report 4️⃣ Build partnerships with controversial NGOs 5️⃣ Create a blog for your stakeholders 6️⃣ Exchange jobs with your most important partners 7️⃣ Disclose your irresponsible actions to the media 8️⃣ Hire someone from outside your sector 9️⃣ Be provocative 🔟 Have fun! Click here to read the article: https://lnkd.in/gx2HiHxt In a post-CSR, DEI and ESG world, impact will be the new currency of corporate credibility. #CSR #DEI #ESG #leadership #walkthetalk #impact #socialimpact Impakt
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Thriving Through Action: My Journey with ESG at McKinsey & Beyond As I reflect on the latest insights from HBR, highlighting the ongoing journey of corporate boards towards embracing ESG expertise, I'm reminded of my own path to making a difference. At McKinsey, I didn't just witness the ESG evolution; I actively participated in it. My commitment to ESG was more than a role—it became my mission, extending into evenings and beyond work hours. https://lnkd.in/eqXPRswm 🔍My Pro-bono Passion: I made it my personal mission to give back, dedicating my after-hours to projects that mattered. The Rework America Alliance aimed to reshape the workforce landscape for a sustainable future during COVID where it was the low income population, women and people of color hit the hardest. https://lnkd.in/ed3my-8n 📚Empowering Future Leaders: For two consecutive terms, I mentored Harvard students, formally guiding them through ESG-related IACS capstone taking their capstone advisor role. It was more than advising; it was about inspiring a new generation to integrate ESG deeply into their careers. 🏥Addressing Critical Challenges: The addiction crisis is a stark reminder of the links between social issues and business. By identifying Social Determinants of Health (SDoH) in affected areas, I contributed to a broader understanding that can lead to impactful changes. https://lnkd.in/eezJDUVV 💡Bridging Gaps, Making Connections: The power of collaboration became evident as I facilitated connections between firms, showcasing the tangible financial impact of positive health interventions in various regions. It was a testament to how strategic ESG initiatives can lead to real-world benefits. https://lnkd.in/e-eXJ7_3 🚀Innovating for Impact: My commitment to making a difference extended into my academic pursuits. My thesis research on using RFID technology to streamline operations in pediatric trauma bays. This work not only showcased the potential for technological innovation to save lives but also highlighted the importance of efficiency and education in healthcare settings. https://lnkd.in/eW3ZzkaY The journey HBR outlines is one I've lived. My experience at McKinsey underscored a crucial lesson: More organizations should empower their employees to engage in ProBono work. It's not just about filling the 'expertise gap' in ESG; it's about fostering a culture of responsibility and impact. Let's continue to champion this cause, making every effort count towards a sustainable and equitable future. #ESG #Sustainability #ImpactThroughAction #MGI #McKinsey #RAA #AI
Research: Boards Still Have an ESG Expertise Gap — But They’re Improving
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PwC’s Global Workforce ESG Preferences Study 2024 is now live! This global research captures insights from over 5,000 respondents across 95 countries and aims to help organisations better understand the perceived value and impact of their Environmental, Societal and Governance (ESG) strategies and policies on their workforce. Dive into the detailed insights and learn about opportunities. #Workforce #Culture #ESG #Sustainability
PwC’s Global Workforce ESG Preferences Study 2024
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PwC’s Global Workforce ESG Preferences Study 2024 is now live! This global research captures insights from over 5,000 respondents across 95 countries and aims to help organisations better understand the perceived value and impact of their Environmental, Societal and Governance (ESG) strategies and policies on their workforce. Dive into the detailed insights and learn about opportunities. #Workforce #Culture #ESG #Sustainability
PwC’s Global Workforce ESG Preferences Study 2024
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PwC’s Global Workforce ESG Preferences Study 2024 is now live! This global research captures insights from over 5,000 respondents across 95 countries and aims to help organisations better understand the perceived value and impact of their Environmental, Societal and Governance (ESG) strategies and policies on their workforce. Dive into the detailed insights and learn about opportunities. #Workforce #Culture #ESG #Sustainability
PwC’s Global Workforce ESG Preferences Study 2024
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PwC’s Global Workforce ESG Preferences Study 2024 is now live! This global research captures insights from over 5,000 respondents across 95 countries and aims to help organisations better understand the perceived value and impact of their Environmental, Societal and Governance (ESG) strategies and policies on their workforce. Dive into the detailed insights and learn about opportunities. #Workforce #Culture #ESG #Sustainability
PwC’s Global Workforce ESG Preferences Study 2024
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PwC’s Global Workforce ESG Preferences Study 2024 is now live! This global research captures insights from over 5,000 respondents across 95 countries and aims to help organisations better understand the perceived value and impact of their Environmental, Societal and Governance (ESG) strategies and policies on their workforce. Dive into the detailed insights and learn about opportunities. #Workforce #Culture #ESG #Sustainability
PwC’s Global Workforce ESG Preferences Study 2024
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PwC’s Global Workforce ESG Preferences Study 2024 is now live! This global research captures insights from over 5,000 respondents across 95 countries and aims to help organisations better understand the perceived value and impact of their Environmental, Societal and Governance (ESG) strategies and policies on their workforce. Dive into the detailed insights and learn about opportunities. #Workforce #Culture #ESG #Sustainability
PwC’s Global Workforce ESG Preferences Study 2024
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Associate Fellow at Oxford University | Sustainability Leader at Accenture | Responsible AI
4moLooking forward to this!