Environmental Sustainability in Employee Mobility
Conducting business sustainably in relation to environmental impact means addressing the environmental needs of the present without compromising the quality of life for future generations. With complex supply chains and the environmental impact of travel to manage, Mobility functions are positioned to contribute a meaningful difference to this agenda.
A recent McKinsey study, focusing on how companies capture the value of sustainability, found that companies whose sustainability agenda generates direct value for their business are 20% more likely to integrate sustainability into supplier qualification and criteria. As the relocation management company to many global organizations, BGRS engages increasingly with clients to identify opportunities in relation to the environmental impact of their mobility programs. These can take the form of contributing measurable gains to their corporate objectives in delivery, as well as influencing behavioral change in their mobile workforce.
Significant opportunities to innovate lie within the broader mobility supply chain and BGRS has delivered a range of innovative solutions over recent years. The carbon offsetting potential of ecolegIT in partnership with UNLSH Mobility is an industry-first initiative. Our North American program utilizes rail transportation and reduces the need for manual handling of the goods, driving a positive environmental impact. The Discard and Donate program provides relocating employees with the opportunity to donate household goods items they no longer need, creating a positive social impact, as well as reducing carbon footprint.
In addition to these very tangible changes in program delivery, we provide proactive education and support to enable our suppliers to both upskill and implement their ideas to collectively advance the industry ecolegIT.
We’ve held educational events with clients to learn about the evolving needs of their industries and organizations, and where opportunities exist for us to further innovate. More complex needs identified through these initiatives include opportunities for influencing employee behavior at the point of decision. We support our clients by integrating these objectives in their mobility policies at the point of program design.
When it comes to broader mobility-related trends we typically see regional differences in interest. For example, the clients headquartered in EMEA and outside of the US show greater interest in environmental sustainability. This is reinforced by the findings of the 2021 Willis Towers Watson Executive Compensation Survey – stating that the use of Environmental, Sustainability, and Governance (ESG) metrics is more prevalent in Europe, and more commonly found in long-term incentive plans for European companies. However, based on recent changes in global focus on environmental sustainability, we anticipate business focus to escalate. The focus on offering a market-leading, sustainable, employee mobility experience will grow proportionally. We continue to broaden our initiatives in this area to remain by your side, looking ahead®.
To obtain an accompanying white paper, “Environmental Sustainability in Employee Mobility,” reach out to your BGRS representative.