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The 'S' in ESG includes a company's relationship with its employees, customers, suppliers and the communities in which it operates. Picture: 123RF/alexan107
The 'S' in ESG includes a company's relationship with its employees, customers, suppliers and the communities in which it operates. Picture: 123RF/alexan107

Environmental, social and governance (ESG) imperatives have become fundamental to how businesses make investment decisions.

In the fourth episode of the Sanlam ESG Barometer podcast, host Andile Khumalo is joined by Abel Sakhau, chief sustainability officer at Sanlam, and Nozizwe Vundla, head of the Sanlam Foundation, to discuss the importance of the social aspect of ESG, especially for companies in the financial services industry.

Addressing social factors — which includes a company's relationship with its employees, customers, suppliers and the communities in which it operates — is integral to building a sustainable and resilient business model.

Furthermore, the "S" in ESG reflects a company's commitment to ethical and responsible business practices, which are increasingly valued by investors, consumers and other stakeholders.

Listen to the podcast or watch the vodcast now:

About the Sanlam ESG Barometer podcast series

This informative six-part podcast aims to unpack key insights from the 2023 Sanlam ESG Barometer report, published in partnership with Business Day.

Researched by Krutham (formerly known as Intellidex), this report is first study of its kind in SA to evaluate the current state of ESG and assess how JSE-listed companies are changing their businesses to deliver improved ESG outcomes that will benefit society in the long term.

Click here to download the 2023 Sanlam ESG Barometer report.

Click here to watch a recording of the 2023 Sanlam ESG Barometer conference.

This article was sponsored by Sanlam.

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