The Chief Psychology Officer

Ep32 James Lewry: Why ESG is Crucial for Business Success

April 03, 2023 Dr Amanda Potter CPsychol Season 2 Episode 32
The Chief Psychology Officer
Ep32 James Lewry: Why ESG is Crucial for Business Success
Show Notes

Increasingly we are hearing about organisations considering their social responsibility, or sustainability, to achieve this they consider their ESG rating. But what is it? In this episode, we have a guest James Lewry, Director of Social Risks who is an expert in ESG. James has been working for the past 20 years for Control Risks and is responsible for their (Environmental, Social, Governance) strategic framework. With organisations such as Enron or the Lehman Brothers being found guilty of unethical practices such as fraud and contributing to the economic crisis of 2008, ESG seems to be a reactionary result to the ever-changing world and the need for increased social responsibility and sustainability. Attitudes and standards across all sectors of society have to be met at all three levels to survive. What does ESG offer and how does Psychology help? In this episode, James and Amanda are being interviewed by Tim.

The Chief Psychology Officer episodes are available here https://www.thecpo.co.uk/
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To contact James via LinkedIn please go to linkedin.com/in/james-lewry-6bbbb01

Timestamps

ESG

·       00:00 – Introduction to ESG

·       00:31 – Welcome James Lewry

·       01:29 – What is ESG?

·       02:15 – The investment factors

·       02:55 – Page 1 news!

·       03:21 – Environmental, Social, Governance

This isn’t woke is it?

·       04:32 – No room for the old-fashioned views

·       05:28 – Sustainability, or Social?

·       06:44 – All businesses great and small

·       07:58 – Trillion, with a capital T

·       08:48 – It’s not as new as you think…

·       09:49 – The Triple Bottom Line

·       10:14 – Give me some metrics!

In The Thick of It

·       12:27 – How are we going to spin this?

·       13:33 – Self-reporting ideologies

·       14:31 – This is the west; we need a rule of law.

·       16:08 – You got to be cultured these days

·       17:02 – Different countries, different rules

·       18:31 – The challenges of implementation

Hang on, I read this somewhere…

·       20:46 – Saving face

·       22:02 – Qatar 2022; lest we forget

·       22:46 – The Lawyer helped in this bit

·       25:03 – The business is only as resilient as its people

·       25:53 – Let’s talk money…

·       27:37 – Psychological Safety

The march of progress

·       28:45 – The state of the modern world

·       30:00 – Climate Anxiety

·       30:52 – The long road…

·       31:55 – The end.

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