Few actions taken under the environmental aspect of ESG can be achieved without human involvement. Sustained success requires considering the social factor of environmental and governance goals (and vice versa). Organizations need physically and emotionally healthy, financially secure and socially connected employees to deliver on their ESG commitments.
Willis Tower Watson helps organizations to imbed wellbeing into their values and benefit programs by taking a comprehensive, broad view to support the four dimensions of wellbeing: physical, emotional, financial and social. We work with clients to connect those four elements, put employee needs at the center of the employee experience, move beyond financial incentives and use the workplace to promote healthy behavior. And we help them optimize their investment in Total Rewards with a compelling talent experience to inspire the workforce and drive positive behavior change and enhance employee wellbeing – all critical to a successful ESG strategy.
In addition, we help organizations to communicate how they are meeting ESG commitments to employees, helping drive a stronger employee value proposition. We also support strategic thinking around using Total Rewards to attract, engage and retain talent, understanding what workers value and need, identifying pathways to reskilling employees who may be affected by automation and measuring the results of their rewards programs against their goals. And we understand the benefits — and potential issues — around the changing nature of how work gets done, where it’s done and by whom, all of which can affect not only DEI (diversity, equity and inclusion), employee wellbeing and experience but also climate.
We also empower them to use Total Rewards to prioritize DEI by developing formal frameworks for rewards programs to more effectively meet the needs of a diverse workforce – thereby promoting an inclusive culture and creating a competitive differentiator in attracting under-represented talent into the organization.