The Social pillar of ESG is becoming increasingly relevant for
companies, centred around human rights, health and safety,
diversity, fair compensation and (local) community impacts. At
least with the latest regulatory framework initiatives, simply
taking care of your own workforce is no longer sufficient. The
entire value chain is what really matters.
As with the environmental aspect of ESG, companies are
experiencing pressure from multiple stakeholders –
predominantly consumers and regulators. Both upstream and
downstream societal impacts should be considered by organisations.
Indeed, it would be remiss to ignore potential downstream
challenges. Technology company DJI is one example. DJI is facing
social challenges over the potentially controversial use of its
products in the Russia-Ukraine war, highlighting that commercial
products aren't always used as they are intended, and this can
have grave results. In this article, however, we will focus on the
upstream
