ManpowerGroup Belgium ESG Report 2021-2022
The world of work is undergoing profound change. First the pandemic and then a growing uncertainty linked to the climate, economic and geopolitical crisis are acting as a catalyst for profound transformations and reinforce the urgency of change. Faced with unprecedented pressure, companies must transform and become more agile, more resilient and more sustainable. Social engagement has become a priority for all stakeholders, whether they be, investors or clients, but also, increasingly, by more and more candidates or employees.
While in the past, corporate social responsibility on the whole was a philanthropic approach, today the acronym CSR (Corporate Social Responsibility) has given way to a broader, multidimensional concept: ). Today ESG (Environment, Social, Governance, sustainability strategies encompass the human dimension, governance and ethics as well as environmental impact.
As a leader in the world of human resources, and in 2022 for the thirteenth consecutive year on the list of the world’s most ethical companies, ManpowerGroup has been looking at these new expectations in recruitment and HR management. In a labour market marked by unprecedented talent shortages, a growing number of workers want their work to have more meaning. This must be reflected in concrete terms through a strong commitment to society by the company’s management as well as its staff. Two-thirds of employees we recently surveyed said that they want their work to contribute to a better society. Two out of three want to work for a company whosevalues they share.
Companies appear to have received the message. Almost half of the companies surveyed in Belgium stated that they have already formalised long-term ESG objectives, while one-third of them plan to do so in the near future. Human resources departments play a crucial role in taking action at all stages of the talent cycle. This begins with creating an environment that attracts and retains all talents, injects more diversity and is inclusive at all levels of the organisation. But more than that, it is now a question of reinforcing this dimension of sustainability in the skills grids in order to allow each and every one of us to play a leading role in this vast transformation project.
Each company must formulate its own response to face the social challenges. By working on their values and DNA in a collaborative way, they will be able to define their ESG strategy and be part of making the world more sustainable. We are proud to share our first Working to Change the World report presenting the achievements of ManpowerGroup Belgium in implementing our global sustainability strategy across our three ESG pillars: how we are caring for the Planet, amplifying our impact on People & Prosperity, and adhering to strong Principles of Governance.
Our ESG strategy is based on a strong vision and we are moving in the same direction globally and locally working together and constantly seeking to innovate and deliver value to all stakeholders.
Of course, there is still room for improvement, but we have laid the foundations for action that will allow us to continue to generate value, by working together with all our stakeholders.
Thank you for joining us in ‘Working to Change the World’