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.
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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.
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
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The ESG Compliance Podcast
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.
