• governance,  mission,  sustainability,  values

    Integrating ESG practices into your mission

    Nonprofits that are just beginning to concentrate on their environmental, social and governance impact can start small and expand from there. As you develop your own strategies, keep abreast of the latest trends and data around ESG strategies. Then ask your employees and board members what is important to them and then tailor your efforts to appeal to their interests. Like most things, the more they are involved, the more they will embrace it. Here are some practical things nonprofits of all sizes can do – from the mundane to the sublime: Set goals for reducing your organization’s environmental footprint – and then keep track of what you have done and…

  • governance,  sustainability,  values

    Nonprofits should care about ESG, too

    This article originally appeared on my LinkedIn page here on August 2, 2021. While the Environmental, Social, and Governance (ESG) discussions have been largely focused on corporate (i.e., for-profit) entities, it is time for our nation’s nonprofit organizations to pay attention – and I would say, embrace – the practice. What is ESG? Wikipedia defines ESG as “the three central factors in measuring the sustainability and societal impact of an investment in a company or business.”[i] CNBC has an even simpler description: “investments made with an aim to contribute to a better environment, society, or workplace.”[ii] The operating motive of nonprofit organizations (NPOs) differs markedly from for-profit corporations – achieving their…