19. The G in ESG cover art

19. The G in ESG

19. The G in ESG

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Today we complete the ESG picture with the G: governance. I challenge the idea that this is boring, this episode uncovers how governance is actually the glue that creates successful outcomes. It's the part that determines whether everything else actually works. From the gap between what gets agreed in the boardroom and what happens on the ground, to the split incentive problem between asset owners and operators, to what it actually means for a GM to be a governance actor, in this episode I aim to bring the G to life in a way that's practical, honest and directly relevant to how hospitality businesses make decisions every day.We look at what governance theatre costs, what genuine tone from the top looks like, and why the most sustainably effective organisations aren't necessarily the ones with the most sophisticated policies, they're the ones where the outside actually matches the inside. Including an unexpected analogy at the end that might just change how you think about governance forever.Two Homes is for leaders who know that lasting performance, for people and planet, starts from the inside out. Two homes: the one we inhabit within, and the one we all share.Intro and outro music: Brooks, Kai EngelIf you'd like to ask a question:💌 Email - connect@plasticfreesea.co🎙️ Drop a question in the comment box on SpotifySign up to emails to get insights, event invitations and opportunities to connect and be inspired to integrate sustainability for good 🌟https://sarah-rhodes.myflodesk.com/newsTwo Homes is part of my business, Plastic Free Southeast Asia, an Australia Pacific specialist sustainability leadership consultancy, that is your partner in all authentic and aligned sustainability for tourism businesses and boards.Please rate, subscribe and review to help more people find the meaningful conversations, insights and more guests into the conversation that helps you grow your business, and tend to your wellbeing, sustainably.Follow on your preferred platforms:Instagram https://www.instagram.com/plasticfreeseaa/Facebook https://www.facebook.com/plasticfreeseaa/Sarah on LI https://www.linkedin.com/in/sarah-rhodes-67a9b724/Reference notes:B Corp Governance Standards — the six PSG principles referenced in this episode:PSG1 — The company establishes a public purpose to make a meaningful positive impactPSG2 — The company considers its impacts on stakeholders in decision-makingPSG3 — The company has adequate procedures to address stakeholder grievancesPSG4 — The company engages in responsible marketing and public relationsPSG5 — The company's social and environmental impact and stakeholder considerations are monitored by the highest governing body and integrated throughout the companyPSG6 — The company is transparent about its social and environmental performanceFull B Corp assessment: https://www.bcorporation.net/en-us/certification/Australian Modern Slavery Act and register:https://www.modernslavery.gov.au/about-modern-slavery/modern-slavery-australiaASRS — Australian Sustainability Reporting Standards:https://www.auasb.gov.au/pronouncements/auditing-standards/asa/asa-2026-4/NABERS for Hotels:https://www.nabers.gov.au/ratings/hotelsCaption by Hyatt Sydney — community space and stakeholder engagement model:https://www.hyatt.com/caption-by-hyattIntrepid Travel wildlife policy:https://www.intrepidtravel.com/en/responsible-travel/animal-welfareTwo Homes Episode 3 — Why Compliance Won't Save the PlanetReferenced in this episodeTwo Homes Episode 11 — The Social in ESGReferenced in this episodeTwo Homes Episode 16 — The Emissions You Can't SeeReferenced in this episode
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