Why Pay Equity and Transparency Are So Crucial.

Although ESG initiatives have largely focused on environmental issues, attention has shifted dramatically over the past few years to social issues -- the "S" in ESG. Nearly 50% of investors consider the social component the most important when making decisions, surpassing the environmental component at 35%*, and social-related shareholder proposals rose 37% during 2021, while environmental-related proposals rose just 13%**. And investors aren't the only ones who want organizations to address social issues. Business partners, suppliers, customers, and employees also want organizations to take action on these matters and report openly about their position and progress.

However, many organizations have trouble identifying where to take action -- which social initiatives are truly critical to their business, how to take meaningful and effective action, and how to ensure steady progress. Pay equity and transparency are ideal areas of focus for organizations of every type and size. They not only speak to your organization's fairness and respect for its people, but they also help to ensure your ability to recruit the talent needed to sustain your business.

Join Trusaic's Joanna Kim-Brunetti, Chief Legal Officer and EVP of Regulatory Affairs for an insight-filled discussion about the growing focus on the social component of ESG and how addressing pay equity and transparency can answer your stakeholders' concerns and position your organization for long-term success in attracting and retaining great talent.

*Berenberg ESG Survey, "Exploring Investor Sentiment," 2021

**The Wall Street Journal, "Shareholder Voices Poised to Grow Louder With SEC’s Help," February 11, 2022