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.
All content for The ESG Compliance Podcast is the property of Tom Fox and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
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.
Supporting the S in ESG through Tech Solutions with Tori Reichman
The ESG Compliance Podcast
31 minutes
3 years ago
Supporting the S in ESG through Tech Solutions with Tori Reichman
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.
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.
