ESG Goals
The Foundation of ESG: Managing Risks and Opportunities
ENVIRONMENTAL
This foundation criteria talks to a business’s environmental impact and risk management practices. Taking into account a range of factors, it can include direct and indirect greenhouse gas emissions; oversight and protection of natural resources, and resilience against physical climate risks (ie: climate change, flooding, and fires).
SOCIAL
This pillar refers to stakeholder relationships and factors such as fair wages and employee engagement. It also looks at a business’s impact on the communities in which it operates. A key characteristic of the social impact criteria is the extension of the measurement beyond the company itself and into the supply chain.
GOVERNANCE
Corporate governance refers to how an organization is led and managed. It asks questions like how are leadership incentives aligned with stakeholder expectations? How are shareholder rights viewed and honored? What types of internal controls exist to promote transparency and accountability on the part of leadership?
Meeting ESG Goals Through triple-P
Working predominantly with under-serviced communities across South Africa, we believe that the link between People and Planet is key, and to address any issues related to the environment, we must work with the People who are part of it.
We need to provide practical solutions to their immediate problems while at the same time, training, educating, and developing them into resilient communities with local economies built with an eco-conscious mindset.
How Do We Do This?
By Partnering with public and private entities to implement projects we can measure both for immediate effect and long-term sustainability. Focus areas include:
- Water conservation in peri-urban, rural, and urban areas
- Providing clean drinking water in under-serviced communities
- Carbon offsetting through tree planting
- Waste management and the establishment of recylcing centres
- Environmental awareness and training
- Enterprise development
It is this holistic method of addressing any issues related to the environment that has resulted in our partnership with entities such as Diageo; Barloworld Equipment; AECI; Watericon, Takatseau, Barloworld Mbewu, Enviro Waste Pickers and many others.
