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Climate neutrality and health and well-being at work, objectives in the strategies of public companies according to a study

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MADRID, Nov. 10 (EUROPA PRESS) –

Forética has organized a new edition of the ‘Spanish Forum of Public Companies for Sustainability’, in which the report ‘Climate and well-being: In the focus of the ESG agenda of Spanish public companies’ has been presented, which concludes that climate neutrality and health and well-being at work are key objectives in the sustainability strategies of public companies.

The study analyzes the main actions to contribute to the goal of climate neutrality by 2050 and identifies the different proposals for improving the health care and well-being of employees in public companies in Spain, thus contributing to generating a positive social impact in society and the environment.

This forum, coinciding with the start of the United Nations Summit on Climate Change (COP27) that is being held in Egypt, has been organized within the framework of the ‘Sustainability and CSR Action Group in Public Companies’, led by Forética and made up of 31 member entities, led by the Official Credit Institute (ICO) and Informa D&B.

The impacts of climate change and the care of people’s health and well-being are two of the main issues currently on the agendas of governments, companies and other civil society actors. The approval of the Law on Climate Change and Energy Transition, the publication of the National Integrated Energy and Climate Plan 2021-2030 and the National Plan for Adaptation to Climate Change (PNACC) 2021-2030, as well as the approval of the Decarbonization Strategy in the Long Term (ELP 2050), they mark the path to achieve climate neutrality by 2050 in Spain, highlights the study.

In addition, in recent years there has been a commitment to promoting the health and well-being of employees within the corporate sustainability agenda, becoming a strategic issue within it. At this point, the authors of the document recall that, at the national level, the Ministry of Health approved in December 2021 the Mental Health Strategy of the National Health System Period 2022-2026 and the Mental Health Action Plan 2022-2024 , as well as the Strategic Health and Environment Plan 2022-2026.

“For all these reasons, public companies –as the backbone of the economic fabric and contributors to the achievement of the Sustainable Development Goals (SDGs)– have a strategic role in the transition towards a more sustainable economy and, therefore, are paying attention to the actions of adaptation and decarbonisation of the economy for the race towards the ‘Net Zero’ of 2050 and towards the care of the health and well-being of its workers”, affirms the general director of Forética, Germán Granda.

The report ‘Climate and well-being: In the focus of the ESG agenda of Spanish public companies’ published by Forética within the framework of the ‘Sustainability and CSR Action Group in Public Companies’, highlights that almost 80% of companies Public companies that are members of the Action Group have a climate strategy with decarbonization actions (energy efficiency measures, electrification, production and consumption of renewable energies, among others) and for almost 70% of public companies, decarbonizing the supply chain is a of keys to achieve net zero emissions in their organizations.

In terms of health and well-being, the document highlights that 81% of the public companies in the Action Group have a specific strategy or program to care for the health and well-being of their teams, an issue that is becoming more and more important. relevance in the agenda of public companies.

Among the initiatives aimed at ensuring and promoting health and well-being among the teams of the public companies of the Action Group, 89% implement measures to guarantee and promote labor flexibility and conciliation, 85% carry out actions to promote of a healthy lifestyle and habits, 44% promote actions to guarantee digital disconnection and 26% offer psychological and emotional support measures to workers.

“According to the first climate stress test carried out by the European Central Bank, Spain is a country that is especially vulnerable to the effects of climate change, presenting 12 times more physical risk than the average of the countries of the Eurozone. In response to this challenge, with the approval of the Law on Climate Change and Energy Transition, the public sector, for the first time, establishes itself and positions itself as an active agent of change in investment policies and the business sector also establishes itself as an agent of change of first order to accompany all this transformation aligned with the objectives of the Paris Agreement”, affirms the Manager of the Sustainability and CSR Action Group in Public Companies, Ana Gómez.

In the words of the head of the Sustainability and CSR Action Group in Public Companies, María Ordovás, “over the last two years there has been a deterioration in mental health in Spain and in the global population, with an increase in cases of anxiety, depression, loneliness or stress on a global level”.

“Given the great power of action and the strong impact that organizations have on people, they must work to articulate inclusive, respectful and ambitious measures that favor health and well-being, one of the nine business transformation paths included in the worksheet route ‘Vision 2050’ recently presented within the framework of the Spanish Business Council for Sustainable Development”, he adds.

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