There are eight levers to activate ESG
PROCUREMENT
CUSTOMERS
PRODUCT
SOCIAL INVESTMENT
ADVOCACY
PROCESSES & PROCEDURES
GOVERNANCE
PEOPLE
PROCUREMENT
Using procurement policies and processes to deliver environment goals (e.g. renewable energy) and social impact (e.g. opportunities for disadvantaged people).
CUSTOMERS
Influencing customer behaviour and empowering customers to drive ESG-related outcomes.
PRODUCT
Designing products that contribute to positive influence (e.g. safety-by-design product principles).
SOCIAL INVESTMENT
Designing products that contribute to positive influence (e.g. safety-by-design product principles).
ADVOCACY
Contributing to advocacy campaigns or building industry partnerships that drive system change on ESG issues.
PROCESSES & PROCEDURES
Redesigning business processes and procedures to embed ESG considerations.
PEOPLE
Hiring practices, equity, diversity and inclusion strategies, and workplace safety and wellbeing to have a positive influence.
GOVERNANCE
Governance structure and risk management to minimise negative impacts.