Understanding ESG in the workplace this Earth Day 2022

Earth Day is an annual event celebrated around the globe. Starting in 1970, the event is celebrated every year on April 22. Although many people recognise Earth Day, not everyone knows what it’s all about.

Each day, more than 190 countries celebrate Earth Day. They do this by picking up litter, switching to reusable coffee cups, planting trees, and buying food locally grown rather than shipped from somewhere else. By doing these simple acts, we can help protect the planet from pollution and deforestation.

ESG stands for environmental, social, and governance issues. These issues have become increasingly important to people in all parts of the world. This is because societies are becoming increasingly aware of the damage to the planet that can be caused by business activities. Business activities that are considered harmful include extensive use of electricity and paper, as well as a company's commuting policies. However, many companies can reduce or even eliminate their negative impacts on society by making a few minor changes.

All workplaces are now required to offer a workplace pension scheme, and in just a few short decades, the law will likely force all companies to abide by ESG standards. Being up to speed with the sustainability training, resources, and tools you'll need will enable you to have a head start and allow you to enjoy the benefits for longer.

Ethical investments and carbon-neutral pensions mean that your pension and investments are invested in a way that makes a difference to the environment. Your assets are chosen carefully to avoid companies that harm society and the planet and instead are put in the trust of those who make a change in the way they invest and make it their goal to improve the climate actively.

As well as offering regular employee health checks, solar panels to power the workplace, and planting trees, employees will be able to travel to work in an eco-friendly and sustainable way by introducing an electric vehicle scheme.

This scheme allows employees to pay for an electric car using their gross salary. The cost is deducted from their monthly wage before tax and other contributions, and has the same principles as childcare and cycle to work schemes. Electric cars have a massive number of benefits, including lower running costs, reduced noise pollution and no congestion charges; however, the most prominent and most beneficial quality of electric cars is that they have zero emissions.

Creating a more eco-friendly planet is essential for our future. By implementing these small changes, you are, in fact, making a big difference in helping us all to live in a more sustainable environment.

So what can your business do for Earth Day?

If you would like to find out more about ethical investments and carbon-neutral pensions take advantage of our free benefits review please contact our team today.

At Corinthian, we aim to support you with benefits packages for happier employees, whilst also saving your company money.

We offer a free, no-obligation review of your staff benefits package - to understand what you currently offer and how we can identify potential benefits and savings for you and your business.

Our friendly, experienced and supportive team are here to make your life easier by providing the best possible service – pure and simple.

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