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Social factors – Time to focus on the “S” of the ESG

How engaged is your company in the social aspects of ESG? Read this article and find out why it's time to pay attention to this area.

About the content

There is a fundamental societal shift towards sustainability and responsibility. That is why a company's ability and commitment to include environmental, social and corporate governance (ESG) factors in its strategic mapping is becoming increasingly important to stakeholders.
Environmental and governance aspects have always held significant importance at organizations; however, factors related to the social pillar, such as diversity and inclusion, human rights, occupational health and safety and equal employment opportunities for minorities, are taking on a higher profile and gaining their due importance.
In this article, Dr. Hagen Köckeritz describes how the social criterion can be approached by organizations, correctly including this pillar in sustainability reports.
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About the author

Dr. Hagen Köckeritz
Dr. Hagen Köckeritz is a partner in the Frankfurt office of Mayer Brown and heads the firm’s German Employment & Benefits practice. He has developed substantial knowledge on German legal aspects of the NATO Status of Forces Agreement ("SOFA") and its implications for foreign companies with an international workforce. Another key area of Hagen’s practice is the use of external personnel by companies in Germany and the legal and financial risks resulting from potential misclassification of employees. Prior to joining Mayer Brown, Hagen worked as local partner for another renowned international law firm in Frankfurt and Chicago.

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