Call ‘S’ for Context

The aspect of ‘S’ or the community of stakeholders of the business ecosystem enables the sustainability of operations with carbon and beyond. Carbon is quantifiable and can be benchmarked with peers albeit S needs some degree of measurement of impact, social value of initiatives is a good metric, as your consumers (scope one in social terms) is the primary agenda of business.

Some sectors such as resource extraction and manufacturing supply chains will always have a greater focus on social factors than others. Material conditions of businesses are the starting point of any ESG conversation.

People will deliver the emissions transition. Whether to insert the ‘Just’ prefix is dependent on the compliance pressures of the business.

#sustainability#community#business#compliance

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