Ep32 James Lewry: Why ESG is Crucial for Business Success

Send us Fan MailIncreasingly we are hearing about organisations considering their social responsibility, or sustainability, to achieve this they consider their ESG rating. But what is it? In this episode, we have a guest James Lewry, Director of Social Risks who is an expert in ESG. James has been working for the past 20 years for Control Risks and is responsible for their (Environmental, Social, Governance) strategic framework. With organisations such as Enron or the Lehman Brothers being found guilty of unethical practices such as fraud and contributing to the economic crisis of 2008, ESG seems to be a reactionary result to the ever-changing world and the need for increased social responsibility and sustainability. Attitudes and standards across all sectors of society have to be met at all three levels to survive. What does ESG offer and how does Psychology help? In this episode, James and Amanda are being interviewed by Tim.The Chief Psychology Officer episodes are available here https://www.thecpo.co.uk/To follow Zircon on LinkedIn and to be first to hear about podcasts, publications and news, please like and follow us: https://www.linkedin.com/company/zircon-consulting-ltd/To contact James via LinkedIn please go to linkedin.com/in/james-lewry-6bbbb01TimestampsESG·       00:00 – Introduction to ESG·       00:31 – Welcome James Lewry·       01:29 – What is ESG?·       02:15 – The investment factors·       02:55 – Page 1 news!·       03:21 – Environmental, Social, GovernanceThis isn’t woke is it?·       04:32 – No room for the old-fashioned views·       05:28 – Sustainability, or Social?·       06:44 – All businesses great and small·       07:58 – Trillion, with a capital T·       08:48 – It’s not as new as you think…·       09:49 – The Triple Bottom Line·       10:14 – Give me some metrics!In The Thick of It·       12:27 – How are we going to spin this?·       13:33 – Self-reporting ideologies·       14:31 – This is the west; we need a rule of law.·       16:08 – You got to be cultured these days·       17:02 – Different countries, different rules·       18:31 – The challenges of implementationHang on, I read this somewhere…·       20:46 – Saving face·       22:02 – Qatar 2022; lest we forget·       22:46 – The Lawyer helped in this bit·       25:03 – The business is only as resilient as its people·       25:53 – Let’s talk money…·       27:37 – Psychological SafetyThe march of progress·       28:45 – The state of the modern world·       30:00 – Climate Anxiety·       30:52 – The long road…·       31:55 – The end.Episodes are available here https://www.thecpo.co.uk/ To follow Zircon on LinkedIn and to be first to hear about podcasts, publications and news, please like and follow us: https://www.linkedin.com/company/betalent-by-zircon/ To access the research white papers mentioned in this and other podcasts, please go to: https://www.betalent.com/research For more information about the BeTalent suite of tools and platform please contact: [email protected]