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Labour Day & the ‘S’ in ESG

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Labour Day & the 'S' in ESG

Why 1 May Matters

May 1st isn’t just a holiday.
It’s a global tribute to the hands and minds driving every industry—our workers, the true pillars of sustainability.

What Is the ‘S’ in ESG?

The ‘S’ in ESG stands for Social—it’s about how a company treats people, from employees and customers to suppliers and the communities it impacts.

The Core of Social Responsibility

At the core of social responsibility is a commitment to labor rights. Companies should go beyond basic compliance by ensuring fair pay, fostering inclusion, protecting wellbeing, and supporting employee growth through upskilling.

From Policy to Practice

True ESG leadership means turning values into action—by supporting mental health, offering flexible work, listening to employees, and ensuring safe, respectful workplaces.

ESG Ratings Look at Your Workforce

Your ESG score isn’t just about the environment—it also reflects how you treat your people. Workforce factors like turnover, pay equity, diversity, union presence, and safety all play a key role in shaping your social impact rating.

Labour Day as a Strategic Reminder

Use May 1 to reflect and take action: celebrate workers through meaningful steps, focus on improving social KPIs, and prioritize investing in people alongside profits.

Final Message

Workers aren’t expenses—they’re our cornerstone. This Labour Day, let the ‘S’ in ESG stand for solidarity.

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