A civil rights audit would be kind of the umbrella version of a racial equity audit. It allows you to broaden, basically, the protected classes that are being evaluated. This proposal is about more than just transparency, right? Because the audit asks for an assessment, and then hopefully, a the recommendations are followed through by the company. The only major difference between a civil rights audit versus a racial Equity audit is that a racial equity Audit is very focused on race.
To welcome the New Year, we hear from experts across the ESG world about what sustainability trends they are watching in 2022.
Our guests in this episode of ESG Insider include Curtis Ravenel, who is Secretariat for the Task Force on Climate-related Financial Disclosures and senior adviser to former Bank of England Governor Mark Carney. We also talk with the Head of Global Sustainability Research at Morgan Stanley, and the Head of Energy and Environment Transition at French bank BNP Paribas. And we hear from an activist investment firm in the U.S. that has been pressing companies to perform racial equity audits.
Themes we cover include the importance of holding financial institutions accountable for decarbonization pledges, the outlook for sweeping change in biodiversity disclosure and data, and rising investor pressure on companies to address social inequities.
Here are links to our most popular episodes from 2021:
https://www.spglobal.com/esg/podcasts/at-cop26-why-article-6-matters-to-companies-and-investors
https://www.spglobal.com/esg/podcasts/goldman-sachs-executive-on-demystifying-measuring-the-s-in-esg
We'd love to hear from you! To give us feedback on this episode or share ideas for future episodes, please contact cohosts Lindsey Hall (lindsey.white@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com)
Photo credit: Getty Images