In May of 2024, I had the distinct honor of attending the Freedom Business Forum, where I present on “Excelling in Responsible Business Practices”, a talk to encourage freedom business to incorporate the dimensions of ESG.
Organized by The Freedom Business Alliance (FBA), esteemed partner of Unchained, the FBA is dedicated to transforming business practices on a global scale. Joining this conversation allowed me to contribute my experience and my passion for creating a positive impact on the world through a better business environment.
In terms of ESG, we are talking about:
| Environmental | Social | Governance |
| Renewable Fuels Greenhouse Gas Emissions Energy Efficiency Resource Management Waste Management Emergency Preparedness | Human Rights Modern Slavery/ Human Trafficking Workplace Health & Safety Employment Conditions Affirmative Action Diversity, Equity and Inclusion Reconciliation Action Plan Local Community Impact | Board Diversity Ethical Standards Stakeholder Engagement Grievance Mechanism Shareholder Rights Pay for Performance Know Your Customer Anti-Money Laundering Cybersecurity |
In today’s business landscape, Environmental, Social, and Governance (ESG) considerations have evolved from being merely peripheral concerns to becoming integral components of corporate strategy.
Said that, where is your business placed in relation to the dimensions ESG?
This question is important to understand where your business has potential to growth, improve or even change directions. During my talk, I could go deeply into the tools of best business practices implementation, exploring strategies and methodologies, looking for enhance efficiency, promote ethical standards, and drive sustainable growth into the business environment.
Also, when we discuss responsible business practices, an important part of it is the adherence to directives and legislation around the world, a movement that has been spreading worldwide, with regulations about respecting human rights and sustainability in business. Compliance is not only necessary to align with ethical standards, transparency and human rights obligations, but it also opens numerous business opportunities and creates space for growth and improvement.
The Significance of Pattaya
Pattaya served as a crucial backdrop for this year’s forum, providing a poignant reminder of the real-world impact of our collective efforts. It was inspiring to join a community of business leaders united in the fight against modern slavery and committed to creating safe, empowering workspaces for survivors of human trafficking, thereby improving the business environment.
Global Impact Through Local Action
Initiatives like the Freedom Business Forum are vital in extending our positive impact far beyond our immediate surroundings. By fostering vocational skills and offering meaningful employment, we can help ensure freedom and dignity for all individuals. This global perspective, rooted in local action, allows us to address issues of modern slavery and human trafficking in a comprehensive manner.
The driving force behind the FBA, the Executive Director Karen Schmidt, is doing an incredible job to steer this movement of freedom businesses to scale and multiply in order to transform the way business is being done in our world.
A Shared Journey Towards Freedom
Our goal, as both individuals and business leaders, is to guarantee freedom through sustainable business practices. Being part of this journey is a profound privilege, allowing us to make a tangible, positive impact both locally and globally. As we continue to champion responsible business practices, we pave the way for a future where freedom and ethical employment are the norms rather than the exceptions.
Attending the Freedom Business Forum was not just a professional milestone, but a reaffirmation of our shared mission to create a world where business is a force for good, striving for excellence in responsible business practices and fostering a world where everyone has the opportunity to thrive.
If you want to know more about the impact of ESG on small business, you can read our blog clicking here and about ESG investments opportunities clicking here.
