Key Highlights
- Research released and commissioned by SAP demonstrates that by focusing on the requirements of the people in their workforce, supply chain, and communities, organizations can drive positive results for their organization and the environment.
- Over 86% of respondents trust that investment in people sustainability can drive positive economic and environmental sustainability outcomes.
Sustainability is defined by an organization’s impact on every part of its ecosystems, such as workers, supply chains, communities, and the environment. Less than one percent of current organizations are aligned with all 17 United Nations Sustainable Development Goals (UN SDGs).
As organizations increasingly change their strategies toward a triple-bottom-line approach concentrated on profits, the planet, and people, it is the last pillar that is intrinsically part of the other two despite being historically overlooked.
People make the decisions that impact our environment and design and execute the strategies that drive results and profits.
What Is People Sustainability?
People sustainability intersects employee engagement, empowerment, and corporate responsibility. It is defined as treating people within an organization’s workforce, across their supply chains, and in the communities where they operate ethically and fairly.
People sustainability needs to treat people and human potential as precious resources that must be supported and valued to drive resilience, agility and the future.
Focusing On People Sustainability Can Improve Overall ESG Metrics
New IDC research released and commissioned by SAP demonstrates that by focusing on the requirements of the people in their workforce, supply chain, and communities, organizations can drive positive results for their organization and the environment.
A holistic people sustainability strategy can assist organizations in improving their ESG metrics across all three pillars of people, profit, and the planet. The research found that over 86% of respondents trust that investment in people sustainability can drive positive economic and environmental sustainability outcomes.
The research found that employees of people sustainability pioneers reported higher employee job satisfaction and productivity were less likely to leave their jobs, and were more enabled to achieve their career goals.
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