Environmental, Social and Governance (ESG) is a broad grouping of environmental, social and governance matters used in strategy, risk and reporting.
What it means in a workplace context
In procurement it may influence evidence, supplier conduct, accessibility, governance and lifecycle services.
Why it matters
It connects workplace choices to wider organisational objectives when translated into measurable criteria.
Questions to ask
- What decision or requirement does Environmental, Social and Governance (ESG) support?
- Which evidence or record is required?
- Who owns the information and keeps it current?
- How does it affect furniture selection, service or future change?
Applying the concept
When Environmental, Social and Governance (ESG) is used in reporting or supplier communication, state the boundary, period, methodology and source. Keep original evidence and distinguish verified facts from estimates or commitments.
Related Myntwork resources
Using the term in procurement
When Environmental, Social and Governance (ESG) appears in a procurement document, explain what suppliers must provide and how the response will affect evaluation. Avoid requesting evidence that is not used in the award decision, and distinguish mandatory requirements from preferred information.
After delivery, verify that promised documents, services or product information were supplied. A controlled handover and clear ownership make the term operational instead of leaving it as wording in the original quotation.
