Diversity and inclusion are important concepts that are gaining more attention in the workplace. Many companies are now working to create a more diverse and inclusive environment, but it can…
Category: Social
What is a Social Equity Audit?
A social equity audit is an evaluation of how a company’s policies and practices impact different social groups. The goal of a social equity audit is to identify any disparities…
What is Social Washing?
Social washing, or Greenwashing is when companies try to cover up their negative environmental impacts by promoting themselves as eco-friendly with misleading advertising campaigns and branding.
What is Natural Capital and Why is it Important?
Natural capital is the earth’s ability to provide for our needs. It is the finite resource of ecosystem services, which includes clean air and water, fertile soil, productive oceans and forests, but also…
The Difference between Social Accounting and Social Auditing
Social accounting is a method of keeping track of money and other assets according to the cultural practices and values of a certain society. Social auditing, on the other hand…
What is a WIP?
A Work-in-Progress (WIP) is an account on a company’s balance sheet that refers to the money spent on material parts and processes for production or packaging.
What is the Canadian Index of Wellbeing?
The CIW is important because it offers a comprehensive measurement of well-being that is not measured by traditional economic indicators. The inclusion of…
Embracing Diversity Leads To Successful Businesses
Diversity is necessary to create a culture and inclusivity, which can then lead to increased profits through an increase in customer competition.
Understanding Equity and Its Benefits
The benefits of including everyone are many: inclusive workplaces are more productive, employees are happier and less stressed, there is less turnover, and they make for a better place to work.
How to Make Your Trade Policy Support Your Company’s Values
For companies engaged in international trade, there are many dilemmas to confront in implementing your ESG agenda, including forced labor practices.