Published 11th of September 2021 by Nina

Don't Forget the 'S' in ESG Commitments

With deep pockets, Amazon can afford to do things which other companies cannot. But the reality of any business -- including the likes of Amazon -- is that it still has choice to invest (or not) in its employees.

And there’s no denying that today’s pledge by Amazon to pay 100% of the #education fees of its roughly 750,000 hourly employees in the United States is high impact.

Amazon has estimated that this new employee benefit – and other skills training it will offer as complement – will require a total investment of $1.2 billion by 2025.

Ghanaian diplomat and seventh Secretary-General of the United Nations Kofi Annan once said “Knowledge is power. Information is liberating. Education is the premise of progress, in every society, in every family.” 

Building a #sustainable future isn’t just about #climate change. So, too, is it about societal change.

#esg #betterbusiness

 

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