• The ESG Compliance Podcast

  • By: Tom Fox
  • Podcast

The ESG Compliance Podcast

By: Tom Fox
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  • Summary

  • ESG is one of the most significant business initiatives in the 21st century. It brings together many concepts which have been circulating over the past two decades including Corporate Social Responsibility, Compliance, Risk Management, Climate Change, Modern Slavery, Human Rights and Corporate Governance. This podcast series will explore these and other concepts in depth and consider the role of a compliance function in an corporate ESG program.
    2022
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Business & Careers Economics Politics & Government
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Episodes
  • The Role of Digital Solutions in ESG with Page Motes

    The Role of Digital Solutions in ESG with Page Motes
    May 31 2022
    Page Motes joins us today with her expertise in sales and compliance. She shares how tech giant Dell is working on ESG compliance, the transferable skills compliance professionals must have to advance, the significance of multi-disciplinary learning, and how customers can contribute to this by making a more significant social impact. ▶️ The Role of Digital Solutions in ESG with Page Motes: Key points discussed in the episode: (00:00:36) Page Motes lays out her professional background. She describes the fast-paced culture and vendors’ often-overlooked concerns in large companies. Since then, she has sworn to only be in a position to “use my talents to help advance goodness in the world.” (00:11:13) Page Motes defines ESG in Dell as “all things environmental and then an aspect of the human rights piece.” She underlines the three most important skills for compliance professionals: knowing how to deal with ambiguity, being an ultimate connector, and exerting authority. (00:14:37) Her message to compliance professionals hesitant to move into ESG: have the desire to learn different disciplines. (00:17:30) Dell aims to deepen and broaden gathered data across its supply chain to disclose information based on government requirements properly. Some Scope Three categories remain difficult to report. (00:19:49) ESG results brought Dell to create Eureka, a crowdsourcing tool for employees to share their ideas with higher-ups and have them kickstarted. (00:23:58) The different corporate functions in Dell’s sustainability efforts. (00:25:58) Page Motes predictions for Dell’s ESG endeavors – more customer involvement and collaboration. ---------------------------------------------------------------------------- Do you have a podcast (or do you want to)? Join the only network dedicated to compliance, risk management, and business ethics, the Compliance Podcast Network. For more information, contact Tom Fox at tfox@tfoxlaw.com.
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    30 mins
  • Simplifying ESG with Mandi McReynolds

    Simplifying ESG with Mandi McReynolds
    May 24 2022
    Mandi McReynolds, the Global Head of ESG in Workiva, joins the show to discuss how tech solutions have made ESG reporting easier, what organizations should consider before investing in tech, the significance of putting stakeholders at top priority, and the future of tech in ESG.  ▶️ Simplifying ESG with Thomas Fox & Mandi McReynolds: Key points discussed in the episode: ✔️ Mandi McReynolds emphasizes the importance of communicating with your stakeholders to identify your company’s societal and business values. Stakeholders consist of internal, external, and customers. ✔️ Mandi McReynolds describes how Workiva simplifies the ESG reporting process. ✔️ Internal controls are the backbone of an effective ESG program. In order to create processes that stakeholders can trust, have different subject matter experts to add value to the discussion. ✔️ Look at the business value drivers and societal impact value drivers of your ESG plan. Before investing in tech and talent, identify your strategic value in terms of materiality assessment and assessment engagement. ✔️ Bring a holistic picture of what your stakeholders care about as it relates to ESG. ✔️ How financial value has always been intrinsically linked to ESG reporting. ✔️ Find the balance between achieving your ESG commitments and not burning dollars in the process. ✔️ Mandi McReynolds gives her predictions on the future of the technological component of ESG. Mandi McReynolds is an award-winning author, educator, and practitioner-scholar. She has spent her career building corporate responsibility and environmental, social, and governance divisions across four different industries. Mandi serves as the Senior Director, Environment, Social, and Governance at Workiva. McReynolds is the co-editor and co-author of the book Diving Deep in Community Engagement: A Model for Professional Development. She received her B.A. in Organizational Communications from Cedarville University and M.S. in Interdisciplinary Studies: Speech Communication, Women Studies, and Higher Education from Iowa State University. She enjoys swimming and playing volleyball with her daughter, Ava, and traveling with her husband, Adam. Resources Learn more about Workiva - ESG reporting made simple - https://www.workiva.com/. Mandi McReynolds on LinkedIn ESG Talk Podcast ---------------------------------------------------------------------------- Do you have a podcast (or do you want to)? Join the only network dedicated to compliance, risk management, and business ethics, the Compliance Podcast Network. For more information, contact Tom Fox at tfox@tfoxlaw.com.
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    25 mins
  • Supporting the S in ESG through Tech Solutions with Tori Reichman

    Supporting the S in ESG through Tech Solutions with Tori Reichman
    May 17 2022
    Vault Platform CCO Tori Reichman joins the show to discuss how employers should embrace their employees’ expectations, use tech solutions to report misconduct, value ethics and mission alignment more than ever before, and what companies should do to retain top talent.  ▶️ Supporting the S in ESG through Tech Solutions with Tori Reichman: Key points discussed in the episode: ✔️ Tori Reichman explains her interpretation of the S in ESG. ✔️ The role of ethics and ESG implementation in a company's culture. Employees are encouraged to report misconduct so cases can undergo evaluation and investigation. ✔️ Tech solutions help businesses have a more precise grasp on their ethical health. Having data all in one place takes away all the extra work. ✔️ Companies are now held to a higher standard due to employees being more vocal when their practices are considered unethical or go against their morals. ✔️ While millennials and Gen Z-ers are more comfortable leaving jobs for greener pastures, baby boomers and Gen X-ers prefer to stay longer. However, both choose employment in companies that align with their values and beliefs. ✔️ The Great Resignation resulted from employees realizing they disagreed with their workplace’s culture and mission. As time passed, workers shifted to a more realistic approach in selecting their employment. ✔️ When companies are true to their vision and mission, this encourages employees to stay longer. The interest to evolve and implement ESG platforms has reached organizational levels that have never been seen before. ✔️ How a business interacts internally attracts new talent. Modern employees consider things beyond the 8 hours when working for you. Tori Reichman is a Founding Team Member and Chief Customer Officer in Vault Platform, where the vision is a world in which workplaces are inclusive, safe, and diverse. Vault’s mission is to provide companies with the world-class ethics and compliance tools they need, delighting them with innovative, simple, intuitive, and empathetic technology and surprising them with unrivaled customer support to help them achieve their goals. ---------------------------------------------------------------------------- Do you have a podcast (or do you want to)? Join the only network dedicated to compliance, risk management, and business ethics, the Compliance Podcast Network. For more information, contact Tom Fox at tfox@tfoxlaw.com.
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    31 mins

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