ESG: Environmental, social and corporate governance
Many organizations are evolving from a shareholder-centric focus to stakeholder-centric focus. Frameworks such as the UN’s Sustainable Development Goals [2] guide companies in setting socially responsible, sustainable goals that benefit all stakeholders [3]. The Environmental, Social and Governance “ESG” criteria provide a way to measure the effectiveness of efforts towards achieving these goals [4].
Social Responsibility and Healthy Lifestyles
Driving lifestyle improvement will increase the health and happiness of your employees. Chronic diseases, which dominate most of our healthcare costs, are mostly preventable and reversible through healthy lifestyles . In 2018, the Milken Institute analyzed the costs of chronic diseases within the US and estimated that the total economic burden was $3.7 trillion in direct medical costs and lost productivity, equating to 19.6% of GDP. Chronic conditions take up a lot of time and consume many resources. Unlike acute conditions, chronic conditions, by definition, are long in duration and therefore require ongoing monitoring and treatment. Lifestyle improvement frees up resources currently being diverted to these preventable chronic conditions. This relieves a significant strain on our overburdened healthcare system. Investing in the health and happiness of your employees, therefore, benefits the broader community: family, friends and neighbors. Parents will be able to pass on the knowledge to younger generations, helping to stem the trend of worsening health in today’s youth.
RENDLE AND ESG: MEASURING IMPACT
Our data analytics address a key component of the ‘S’ in ESG initiatives. We have developed benchmarks, metrics and KPIs that organizations need in order to quantify lifestyle, objectively measuring lifestyle improvement and the impact of their wellbeing initiatives. And unlike many social responsibility obligations that require a trade-off between shareholder returns and societal benefit, driving lifestyle improvements delivers shareholder and societal returns.
Click here to see the full report.
ESG: Environmental, social and corporate governance
Many organizations are evolving from a shareholder-centric focus to stakeholder-centric focus. Frameworks such as the UN’s Sustainable Development Goals [2] guide companies in setting socially responsible, sustainable goals that benefit all stakeholders [3]. The Environmental, Social and Governance “ESG” criteria provide a way to measure the effectiveness of efforts towards achieving these goals [4].
Social Responsibility and Healthy Lifestyles
Driving lifestyle improvement will increase the health and happiness of your employees. Chronic diseases, which dominate most of our healthcare costs, are mostly preventable and reversible through healthy lifestyles . In 2018, the Milken Institute analyzed the costs of chronic diseases within the US and estimated that the total economic burden was $3.7 trillion in direct medical costs and lost productivity, equating to 19.6% of GDP. Chronic conditions take up a lot of time and consume many resources. Unlike acute conditions, chronic conditions, by definition, are long in duration and therefore require ongoing monitoring and treatment. Lifestyle improvement frees up resources currently being diverted to these preventable chronic conditions. This relieves a significant strain on our overburdened healthcare system. Investing in the health and happiness of your employees, therefore, benefits the broader community: family, friends and neighbors. Parents will be able to pass on the knowledge to younger generations, helping to stem the trend of worsening health in today’s youth.
RENDLE AND ESG: MEASURING IMPACT
Our data analytics address a key component of the ‘S’ in ESG initiatives. We have developed benchmarks, metrics and KPIs that organizations need in order to quantify lifestyle, objectively measuring lifestyle improvement and the impact of their wellbeing initiatives. And unlike many social responsibility obligations that require a trade-off between shareholder returns and societal benefit, driving lifestyle improvements delivers shareholder and societal returns.
Click here to see the full report.