ESG Measurement
How do companies measure and benchmark ‘social impact data?’
Typical measurements include:
Learning & skills data
Training obtained on the job and the intersection of work and personal development.
Earnings data
Wages, benefits, executive pay gap and financial insecurity.
Employment data
Such as hiring, turnover and promotion.
There are challenges with these measurements because:
Employee surveys are self-reported and largely perception based
Pay and earning data is a time-lagged snapshot.
Training data rarely records impact.
This is why YakBit can be an active intervention for your company, to track real time social inclusion metrics.
Recent press coverage serves as a stark warning for companies to adopt a greater focus on mitigating social risk in their workplace culture and supply chains.
And in case you need reminding, the most diverse companies are now more likely than ever to outperform less diverse peers in terms of profitability. So let’s start by getting the inclusion right first.
Meet the YakBit Team
Vulputate vulputate eget cursus nam ultricies mauris, malesuada elementum lacus arcu, sit dolor ipsum, ac felis, egestas vel tortor eget aenean nam nulla est.
Mary-Jo Hill
Mary-Jo’s education industry skills and experience informs both her vision and action. “People are the greatest asset in any business. The crucial aspect of creating a dynamic team is professional talk, which can become locked into personal and team habits that are not always inclusive. Let’s provide companies with the necessary sharper data to support and challenge current practice simultaneously.
Jo Hughes
Jo’s engineering and project management skills started with Rolls Royce in the 1990s. She consistently and systematically plans and implements programs and services in varied settings including manufacturing, Government, banking and healthcare. She delivers effective business transformation through promotion of collaboration and cooperation across multi-faceted teams.
Anri Brand
Matt Reynolds