Welcome to Audio Learning from Assemble You.Many companies strive to be more environmentally and socially responsible by integrating sustainability into their strategies and operations. Effective communication of sustainability practices and goals to stakeholders is paramount. It’s crucial to inform and actively involve your stakeholders - including customers, employees, shareholders, suppliers, regulators, and local communities. The effective communication of sustainability practices and goals to stakeholders helps to grow trust, enhance reputation, and create value for everyone involved, including the company itself. Today, we will delve deeper into the well-established benefits of optimising your sustainability communications and share some tips for leaders on how best to go about this.So, what exactly is sustainability in a business context? The UN defines sustainability as “the practice of meeting the needs of the present without compromising the ability of future generations to meet their own needs.” Businesses must become more environmentally friendly and ethical to make their practices viable and resilient over the long term. Common sustainability practices include reducing carbon emissions, conserving resources, promoting social equity and fostering innovation. These goals are also referred to in consolidated form as an environment, social and governance (ESG) strategy, which is no longer just a “nice-to-have”. Rather, it is now an integral part of how businesses operate and something that stakeholders expect.Further info:Download the Transcript for this EpisodeDownload the Key Points InfographicReading List[Article]Why organisations should invest in a real strategy to communicate sustainability CEO Magazine[Article]The five foundations of sustainability communications Sustenuto[Article] Yes, Sustainability Can Be a Strategy Ioannis Ioannou and George Serafeim[Article]HP Workforce Sustainability Survey HP[Article]Sustainable brands can pivot with purpose to help address COVID-19 NIQ[Article]Global Investor Study 2022 Schroders[Article] PwC’s Global Investor Survey 2022 PwC[Report] Duurzaamheid - Sustainability (Dutch) Lidl[Website] GRI Global Reporting Initiative[Article] Oil firms’ climate claims are greenwashing, study concludes Damian Carrington[Report] Communicating with investors about environmental, social and governance (ESG) performance: How KPMG can help KPMG[Article] Sustainability United Nations

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